Vodafone Share Discussion Threads

[peterbill] 31/5/2024 11:20

(2) Where the share capital of a company is divided into shares of different classes, the aggregate nominal value of the shares of any class held as treasury shares must not at any time exceed 10 per cent.

from ...

[blackhorse23] 31/5/2024 09:53

Ex dividend date next week plus 10m shares buy back each day , will be good buying pressure next week

[blackhorse23] 31/5/2024 09:17

Looking bullish

[blackhorse23] 31/5/2024 09:13

But they don't have voting rights or dividend right. Still good for capital gains as long as they hold in treasury

[pally12] 31/5/2024 08:58

You make sense they are still shares even though they are in treasury

[chinese investor] 31/5/2024 08:30

COMPETITION - LAST DAY

PeterBill looks like the winner !

[1viky] 30/5/2024 15:12

You are forgetting 1.5 billion buyback from the Spanish sale. On July 29 in the AGM I am assuming they will authorize this further buyback as part of the 2 billion buyback for this year. Plus there will be another 2 billion for next year from Italy sale.

[gurunostradamus] 30/5/2024 14:57

It’s a no brainer as the buybacks for this tranche should mean that the share price should be at least in the mid 80s during August. Just look at Lloyds when they introduced buybacks when the share price was around 42p level and now at around 55p levels.
Don’t worry about the short term movements just sit back and take the 5% dividend for now which is quite significant!

[blackhorse23] 30/5/2024 14:46

486m still loads plus they have indicated once Italy selling have done , they will invest another 2 billion euros share buy back , probably after august once 500m buy back have been done

[1viky] 30/5/2024 14:42

Thanks for the correction. Maybe I missed a few RNS. But they still have 468 million euros available to buy from now to Aug15. That is a lot .

[time 2 retire] 30/5/2024 14:24

1viky,
Your maths is way off...

They've spent about £32 million buying circa 43 million shares back, that's nowhere near the €16.6 you mention.
I think you've missed a few RNSs

[1viky] 30/5/2024 12:42

I have just taken 77 cents . The actual price us lower

[1viky] 30/5/2024 12:41

As of May 29 they have bought 16.6 million euros.worth of shares at average price of .77 pounds. They have to spend 483 million more in buying shares by August 15. What are they not buying more now before June 6 to avoid paying the dividend? Maybe they plan to increase their buying after the ex date to maintain the SP?

[blackhorse23] 30/5/2024 12:13

If they can complete 2 billion pounds buy back that is significant that's mean more dividends per share next year

[casholaa] 30/5/2024 11:49

Better off using the divi toward buyback

[estienne] 30/5/2024 11:45

We know all that

[blackhorse23] 30/5/2024 10:33

-next dividend 4.5c equivalent to 3.85p -ex dividend 6th June,24-buy back £500 million to be completed by August - further buy back of 2 billions will be commenced upon completion of Italy sale

[blackhorse23] 30/5/2024 10:25

Guidance:Expects 2025 adjusted profit of €11 billion and adjusted free cash flow to be at least €2.4 billionTargeting a dividend of 4.5 eurocents per share for the year ahead, with ambition to grow it over timePlanning share buybacks of up to €2 billion using proceeds from Spanish business saleTargeting further share buybacks of up to €2 billion following completion of Italian business sale - expected in the first half

[institutional investments] 30/5/2024 09:01

"gerbils, have a great fkn day"

II

[institutional investments] 30/5/2024 09:01

"on this fine day, the comms a play. Tis not for me, to lay the sway"

[institutional investments] 30/5/2024 08:58

"We have all answers, but worry not. we shall not share, the holy plot"

[institutional investments] 30/5/2024 08:57

"What's this i see, vod and bt. it's not what others see, or is it just me"

[institutional investments] 30/5/2024 08:55

"is in the ftse in rally, or a shorters paly"

[institutional investments] 30/5/2024 08:54

"When ftse saw 8140, the gerbils cwrackled en masse - yet crudey struck midy, and the eagle landed in the cuckoos nest"