Below is the new timetable.
This darned merger. Keeps getting approved the. Approved rejected approved rejected.
I plan on retiring in 20 years so you reckon they will have it sorted by then?
Interesting 2 days down and still no dividend. Very strange I don’t remember there being this much of a delay before. Here’s hoping we get this tommorow
Still waiting impatiently get a grip ft
Strange still no dividend. Can someone at Freetrade look into this and advise? It never takes this long usually.
If you chase before 5 working days you’ll not get any love, if it’s not cleared by Friday then you’d be better reaching out to them directly
Yep that’s why I’ve started transferring stuff to Trading 212!
I have also started transferring to trading 212
Hi all. Looks like Vodafone is up again today smiles all round.
Looks like the market is happy with the reduced dividend and the announced buyback.
nice news story
Interesting Vodafone just cancelled 958m shares in treasury. Maybe this was the plan all along or maybe they were planning on issuing them for something who knows.
I may be wrong but off the top of my head I am sure they mentioned they planned to keep a certain amount they need for future instead of issuing more and that any surplus will be cancelled
Fair enough back over 70p we go. I’m going to keep an eye on this one and buy some more if I think the price is right my average is 84p at the moment surely it can’t stay this low forever?
You probably know already that the dividend is being cut to about 5% next year so…
Fine by me I don’t need the income at the moment. As long as debt is dropping I’m happy. Also surely the buybacks are Gna have an effect? We must be looking at nearly 10% shares bought by now?
CMA has just announced they are approving the Vodafone & Three merger
Under 69p again?
Oh well at least the buybacks are cheap. If I had the funds I would buy at this price.
Another day another 12m buyback.
It won’t be long before we hit another billion shares bought back and cancelled
Morning all we now have completion of the Vodafone Italy sale. They will use the 8bn euros to drop net debt and have also announced further buy backs of up to 2bn euros.
It looks like they are consolidating positions in core markets (uk and Germany) while concentrating on growth in Africa.
As long as debts are reducing year on year I’m happy and with an increased buy back we may see a slight increase in dividend next year?
With regards to dividends increasing I would say no and I hope they don’t as they need to spend billions on the UK network upgrade as part of the Three merger so I would expect that they will concentrate on getting debt down more as they also plan to buy Hutchinson out of the merger which will take billions so would expect them to either pay down more debt or store cash for the hutchinson buy out in 3 years time.
I would imagine they will only consider increasing dividends once the share price hits and stays over 90p-£1 to make the yield look attractive until then I expect it to stay as is.