Vodafone Group Plc has announced the purchase of 14,045,300 of its ordinary shares of 20 US cents each from Morgan Stanley & Co. International Plc. The purchase was made on 24 May 2024, with the highest price paid per share at 74.42 pence and the lowest at 73.54 pence, resulting in a volume-weighted average price of 73.99 pence per share. Vodafone intends to hold the purchased shares in treasury, bringing the total number of ordinary shares held in treasury to 1,831,666,078, with 26,987,017,860 ordinary shares in issue, excluding treasury shares.

The purchase was part of a Programme, where Morgan Stanley & Co. International Plc. purchases Vodafone ordinary shares and sells them to Vodafone. The individual trades carried out by Morgan Stanley & Co. International Plc. on 24 May 2024 were detailed, including the trading venue, volume weighted average price, aggregated volume, transaction time, number of shares, and price per share.

The transactions demonstrate Vodafone's strategic move to repurchase its own shares, which can be indicative of the company's confidence in its financial position and future prospects. This move can also be seen as a way to return value to shareholders and potentially boost the company's stock price.