RE: Caution12 Nov 2025 17:18
Nezlob. When you say vod have not made anything from the share buy backs, who do you think vod is? I, & all other vod shareholders are vod, so if the the value of our shares go up because there are less in circulation more than the cost of buying back those shares, then of course vod (owned by its shareholders) has made money. It is very important to understand buy backs. It does not matter if they cancel the shares if they pay less than the market value then that is a profit for vod shareholders. Buy backs or pay of debt, you can not decide unless you understand these points. Vod buy back shares, sp falls, a loss. Vod buy back shares, sp rises, a profit. It's not rocket science, just common sense. One of the reasons the vod sp has done so badly in the past (over 2 years ago) is because vod bought back shares way over the now price & the sp kept falling, until 2 years ago. You need to look at the history of vod buy backs, & the falling share price. I don't need to because I have been a vod shareholder for 30 years or so. Poor me.