Transaction in Own Shares

RNS Number : 8508S
Vodafone Group Plc
17 September 2010
 



 

VODAFONE GROUP PLC

TRANSACTIONS IN OWN SECURITIES

 

Further to the announcement of Vodafone Group Plc ("Vodafone") on 7 September 2010 regarding the sale of Vodafone's 3.2% interest in China Mobile (the "transaction"), Vodafone announces today that it has commenced a £2.8bn share repurchase programme in order to return approximately 70% of the resulting net proceeds from the transaction to its shareholders.  Vodafone has purchased the following number of its ordinary shares of U.S.$0.113/7 each on the London Stock Exchange via Deutsche Bank AG London.

 

Ordinary Shares

 


Date of purchase:

 

16 September 2010

Number of ordinary shares purchased:

8,500,000



Highest purchase price paid per share:

160.3p



Lowest purchase price paid per share:

 

158.2p

Volume weighted average price per share:

159.13732p

 

Vodafone intends to hold the purchased shares in treasury.

 

TRANSFER OF TREASURY SHARES

 

Vodafone also announces today that it has transferred to participants in its employee share schemes the following number of its ordinary shares of U.S.$0.113/7 each, which were previously held as treasury shares.

 

Ordinary Shares


Date of transfer:

16 September 2010

Number of ordinary shares transferred:

280,118

Highest transfer price per share:

159.95p

Lowest transfer price per share:

159.95p

 

Following both the above transactions, Vodafone holds 5,064,965,596 of its ordinary shares in treasury and has 52,745,154,063 ordinary shares in issue (excluding treasury shares).

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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