Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
February 04 2025 - 9:33AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULES 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
Dated
February 04, 2025
Commission
File Number: 001-10086
VODAFONE GROUP
PUBLIC LIMITED COMPANY
(Translation
of registrant’s name into English)
VODAFONE
HOUSE, THE CONNECTION, NEWBURY, BERKSHIRE, RG14 2FN,
ENGLAND
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form
20-F ✓ Form 40-F
_
This
Report on Form 6-K contains a Stock Exchange Announcement dated 04
February 2025 entitled ‘€480 MILLION SHARE BUYBACK
PROGRAMME TO COMMENCE’.
4 February 2025
Vodafone Group Plc
€480 MILLION SHARE BUYBACK PROGRAMME TO COMMENCE
Vodafone Group Plc ("Vodafone")
today announces that it will commence a share repurchase programme
of ordinary shares in the
share capital of Vodafone of US$0.2020/21
each (the "Ordinary Shares")
up to a maximum consideration of €480 million (the
"Programme").
Vodafone announces that it has given
a non-discretionary
instruction to Goldman Sachs
International ("GSI") in relation to the purchase by
GSI, acting as riskless principal during the period commencing
on 4 February
2025 and ending no later than 19
May 2025, of Ordinary Shares for a target expense amount
of no greater than €480
million and the
simultaneous on-sale of such Ordinary Shares by GSI to
Vodafone.
Any purchase of Ordinary Shares done in relation to this
announcement will be carried out on the London Stock Exchange and
Multilateral Trading Facilities, as defined by the Directive
2014/65/EU on markets in financial instruments (including the
delegated and implementing acts adopted under it) as implemented,
retained, amended, extended, re-enacted or otherwise given effect
in the United Kingdom from 1 January 2021 and as amended or
supplemented in the United Kingdom thereafter, and executed in
accordance with the UK
Listing Rules and Vodafone's general authority to make market purchases of Ordinary
Shares granted by shareholders at the 2024 Annual General Meeting
("2024
AGM") pursuant
to which the Company is authorised to repurchase up to
4,053,092,397 Ordinary Shares. The sole purpose of the Programme is
to reduce share capital. Ordinary Shares acquired by GSI will be
subsequently repurchased by Vodafone, held as treasury shares and
then either cancelled or allocated to employee share awards as they
fall due.
The Ordinary Shares will be purchased in accordance with the price
and volume conditions set out in the Commission Delegated
Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation
(EU) No 596/2014 of the European Parliament and of the Council with
regard to regulatory technical standards for the conditions
applicable to buyback programmes and stabilisation
measures as implemented, retained,
amended, extended, re-enacted or otherwise given effect in the
United Kingdom from 1 January 2021 and as amended or supplemented
in the United Kingdom thereafter.
Details of the authority granted at the 2024 AGM can be found
within the 2024 Notice of Meeting on our website.
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For more information, please contact:
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Investor Relations:
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investors.vodafone.com
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ir@vodafone.co.uk
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Media Relations:
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Vodafone.com/media/contact
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GroupMedia@vodafone.com
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorised.
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VODAFONE
GROUP
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PUBLIC
LIMITED COMPANY
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(Registrant)
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Date:
February 04, 2025
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By: /s/ M D B
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Name: Maaike de Bie
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Title: Group General Counsel and Company Secretary
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