VEON to Proceed with USD 35 Million Share Buyback
Portfolio Pulse from
VEON Ltd. is set to begin the second phase of its $100 million share buyback program, with a $35 million buyback of its American Depositary Shares. This follows the initial announcement made on August 1, 2024.
March 20, 2025 | 6:45 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
VEON Ltd. is proceeding with a $35 million share buyback as part of its $100 million program, potentially boosting its stock price.
The announcement of a share buyback often leads to a positive impact on the stock price as it indicates the company's confidence in its own value and reduces the number of shares available in the market, potentially increasing earnings per share.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100