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VOD Vodafone Group Plc

69.34
-0.28 (-0.40%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vodafone Group Plc LSE:VOD London Ordinary Share GB00BH4HKS39 ORD USD0.20 20/21
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.28 -0.40% 69.34 69.12 69.18 70.06 68.68 69.68 89,326,349 16:35:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Radiotelephone Communication 45.71B 11.84B 0.4372 1.58 18.72B

Emirates Telecommunication Increases Vodafone Stake to 11%

07/12/2022 11:56am

Dow Jones News


Vodafone (LSE:VOD)
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By Kyle Morris

 

Emirates Telecommunications Group Co. PJSC said Wednesday that it has increased its stake in Vodafone Group PLC to 11% of the issued share capital, implying a value of around 2.64 billion pounds ($3.20 billion).

The company, formerly known as Etisalat Group, said it has increased its stake in Vodafone to around 3.02 billion shares, giving it further exposure to a leader in connectivity and digital service at an attractive valuation.

Emirates Telecommunications has no intention to make an offer for Vodafone, it said.

Shares in Vodafone at 1123 GMT were down 1.90 pence, or 2.1%, at 87.36 pence.

 

Write to Kyle Morris at kyle.morris@dowjones.com

 

(END) Dow Jones Newswires

December 07, 2022 06:41 ET (11:41 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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