Vodafone Group (VOD)

Sector:

Telecom Operators

Index:

FTSE 100

72.02p
   
  • Change Today:
    -0.34p
  • 52 Week High: 78.86p
  • 52 Week Low: 62.97p
  • Currency: UK Pounds
  • Shares Issued: 26,082m
  • Volume: 67,149,053
  • Market Cap: £18,784m
  • RiskGrade: 130

CMA to launch in-depth probe into Vodafone's merger with Three

By Michele Maatouk

Date: Thursday 04 Apr 2024

LONDON (ShareCast) - (Sharecast News) - The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison's Three that was announced last year.
On 22 March, the CMA told Vodafone and Three that they had until 2 April to address the regulator's competition concerns or face a full investigation.

The regulator said they needed to provide "meaningful" solutions to concerns the merger would lead to higher prices for customers and lower investment.

"Whilst Vodafone and Three have made a number of claims about how their deal is good for competition and investment, the CMA has not seen sufficient evidence to date to back these claims," it said at the time.

"These warrant an in-depth investigation unless Vodafone and Three can come forward with solutions."

But on 28 March, both parties informed the CMA that they would not be offering any such undertakings.

The CMA said on Thursday that it was launching the phase 2 probe "on the basis that, on the information currently available to it, it is or may be the case that this merger may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom".

The regulator has until 18 September to carry out the investigation.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Vodafone Market Data

Currency UK Pounds
Share Price 72.02p
Change Today -0.34p
% Change -0.47 %
52 Week High 78.86p
52 Week Low 62.97p
Volume 67,149,053
Shares Issued 26,082m
Market Cap £18,784m
RiskGrade 130

Vodafone Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.32% above the market average88.32% above the market average88.32% above the market average88.32% above the market average88.32% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
18.15% below the market average18.15% below the market average18.15% below the market average18.15% below the market average18.15% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income
55.82% above the market average55.82% above the market average55.82% above the market average55.82% above the market average55.82% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
82% below the market average82% below the market average82% below the market average82% below the market average82% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 7
Sell 2
Strong Sell 1
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Vodafone Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 23-Nov-23
Paid 02-Aug-24 02-Feb-24
Amount 4.50¢ 4.50¢

Trades for 31-Oct-2024

Time Volume / Share Price
17:33 182,965 @ 71.88p
17:33 2,560,823 @ 71.89p
17:33 1,765,882 @ 71.88p
17:33 1,265,646 @ 71.88p
16:35 28,520 @ 72.02p

Vodafone Key Personnel

CEO Margherita D. Valle

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