Vodafone Share Discussion Threads

[the imperialist] 15/3/2024 07:54

Ok so it's clear that justforthemany has an agenda.

The share price is going up. Do not be shaken by these mind games.

[unastubbs] 15/3/2024 07:51

can this do what ITV did last week? 10% up??

[netcurtains] 15/3/2024 07:49

Clearly the share price will open up - but by how much, that is the question..

[gurunostradamus] 15/3/2024 07:47

Great news dividend for 2024 maintained and going foreward in 2025 it’s rebased to 4.5c. At today’s share price it’s still good. With the buybacks for longer term this big tanker should begin to turn around.

[unastubbs] 15/3/2024 07:47

Management have at last shown some strong leadership. the dividend needed to be cut. I'm frankly surprised she didn't do it last May at the 23 final results. This now gives the company a clear path to debt reduction and sustainable growth.

[laurence llewelyn binliner] 15/3/2024 07:45

All in favour of debt reduction here, buybacks not so much, cutting the dividend in half can also go towards further deleveraging..

The resulting dividend will be down to 4/5% for many holders as average holding prices will be well north of 66 pence and nearer 100 pence..

But, overall, it will strengthen the company over time, and we still have 9 cents to come from 2024..

[the imperialist] 15/3/2024 07:43

Are you for real?

[justiceforthemany] 15/3/2024 07:40

We all know why the share price has been trashed this week.
Leaks and manipulation.
Dividend halved.

[unastubbs] 15/3/2024 07:39

This is great news. The share price is so low they are buying back almost 20% of the company at yesterday's close price. How can that not be anything but a great deal? So the dividend is cut, well yes but was it really sustainable? For recent investors like myself we're still getting c.6%. And the final 24 dividend will still be 4.5c (one hopes). I am genuinely confident that now finally a corner has been turned here.

[action] 15/3/2024 07:38

VODA must be sitting on gold mine which I am not aware of. LOL.

[feddie] 15/3/2024 07:36

2013 share price 300p
Master class in capital destruction. Someone put this dog out of its misery!

[action] 15/3/2024 07:36

Instead of reducing debt pile VODA wants to return 4 billion euros after Italian deal.

[wllmherk] 15/3/2024 07:33

In here for the dividend, but, rebasing due to debt levels seems sensible. How will the market react is the question, will still yield nearly 6% at current share price of 66p, reduce debt and buyback shares at current low price. It's been a poor week for my portfolio and if these get hammered today likely to be my worst week of the year as VOD are a significant holding.

wllm :)

[simon8] 15/3/2024 07:33

yup, halved divi for 2025, guess was inevitable given company mismanagement, - but the divi was the main reason i held this crock of the proverbial..., lots of promises of jam tomorrow - pretty poor management of the company all round to leave it in this state.
More share buybacks...why? Why not grasp the nettle and use the proceeds to slash debt and the interest mountain - share buybacks are little more than a sticking plaster and don't in my view generally result in an increased share price, all money for the boys in the city!
Will be ken to see which way the share price goes on opening, I suspect south quickly. But i guess the cheaper the share price the more they can buyback with the allocated funds....urgh!

[justiceforthemany] 15/3/2024 07:24

So not only has the b*tch trashed the share price but she has now halved the dividend and presides over a leaky ship!
[e-mail]
Email her!

[the imperialist] 15/3/2024 07:23

Fantastic news!

[randomwalker] 15/3/2024 07:19

Mostly good news
hxxps://www.morningstar.co.uk/uk/news/AN_1710485927337269600/top-news-vodafone-plans-share-buyback-after-italy-sale-to-swisscom.aspx#:~:text=2024%20%7C%206%3A58AM-,(Alliance%20News)%20%2D%20Vodafone%20Group%20PLC%20on%20Friday%20said%20it,of%20the%20proceeds%20to%20shareholders.

[laurence llewelyn binliner] 15/3/2024 07:16

New capital allocation framework, including dividend to be rebased to 4.5c per share from FY25 onwards, EUR4 billion capital return via share buybacks and new leverage range of 2.25x - 2.75x

[waterloo01] 15/3/2024 07:12

Rebasing divi is I guess sensible.

[abbs] 15/3/2024 07:11

Sales all contributing to €12b for dividends and buybacks- looks good to me ! Around 5% rise at least today!

[action] 15/3/2024 07:06

All cash but completion in 1st quarter of 2025.

[action] 15/3/2024 07:01

Triple witching today.

[muscletrade] 15/3/2024 06:58

Swisscom have announced the purchase of the Italian biz. so that's a done deal at least.