Vodafone Group Plc
29 March 2005
29 March 2005
SHARE PURCHASE PROGRAMME UPDATE
Vodafone Group Plc ('Vodafone') announces that it has achieved its target
purchase of £4 billion of shares up to and including 31 March 2005.
Vodafone further announces that it intends to purchase shares during its close
period through the delivery of irrevocable instructions to a number of banks
prior to the start of the close period. The close period commences on 1 April
2005 and ends on the day of publication of its preliminary results on 24 May
2005 (the 'Close Period'). Vodafone anticipates that purchases will be made in
the Close Period at a daily volume which is on average similar to that effected
during the financial year ending 31 March 2005.
The irrevocable instructions will enable Vodafone to continue purchasing shares
during the Close Period only. Vodafone will be reviewing its share purchase
programme in due course and any decision regarding the full year targets for its
share purchase programme for the financial year ending 31 March 2006 (the 'Share
Purchase Targets') will be provided in the preliminary results announcement on
24 May 2005. The fulfilment of the Share Purchase Targets will be subject to
existing and future Vodafone shareholder approvals at its 2004 and 2005 Annual
General Meetings respectively.
This announcement does not constitute, or form part of, an offer or any
solicitation of an offer for securities in any jurisdiction.
- ends -
For further information:
Vodafone Group
Simon Lewis, Group Corporate Affairs Director
Tel: +44 (0) 1635 673310
Investor Relations Media Relations
Charles Butterworth Bobby Leach
Darren Jones Ben Padovan
Sarah Moriarty
Tel: +44 (0) 1635 673310 Tel: +44 (0) 1635 673310
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.