UK's Vodafone plans to launch additional share buy-back programmes



© Reuters. FILE PHOTO: Different types of 4G, 5G and data radio relay antennas for mobile phone networks are pictured on a relay mast operated by Vodafone in Berlin, Germany April 8, 2019. REUTERS/Fabrizio Bensch/File Photo

(Reuters) – UK’s Vodafone Group (LON:) said on Friday it intends to launch additional share buy-back programmes over the next eight months to partially offset the increase in the company’s issued share capital due to maturing of a convertible bond programme.

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