Vodafone's Stock Jumps Over 5% After Confirming €8B Sale of Italian Unit to Swisscom

Friday, 15 March 2024, 14:10

Vodafone's stock (VOD) surged over 5% after confirming the sale of its Italian unit for €8B, leading the Communications sector. The sale is expected to fuel Vodafone's buyback program, indicating a positive outlook for the company's shareholders.
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Vodafone's Stock Jumps Over 5% After Confirming €8B Sale of Italian Unit to Swisscom

Vodafone Confirms €8B Sale of Italy Unit to Swisscom

Vodafone (VOD) stock surged more than 5% after confirming the sale of its Italian unit for €8B. This move is set to fuel Vodafone's buyback program, which can benefit the company's shareholders.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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