By Michele Maatouk
Date: Wednesday 04 Dec 2024
LONDON (ShareCast) - (Sharecast News) - Vodafone said on Wednesday that it was selling its remaining 3% stake in India's Indus Towers.
The telecoms company launched a placing of its remaining 79.2m shares in Indus through an accelerated book build offering.
Vodafone said the proceeds will be used to repay outstanding borrowings of around $101m to its existing lenders, secured against its Indian assets.
The company had already sold an 18% stake in Indus Towers in June, raising $1.82bn.
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Currency | UK Pounds |
Share Price | 82.08p |
Change Today | 0.080p |
% Change | 0.10 % |
52 Week High | 82.66p |
52 Week Low | 63.92p |
Volume | 51,902,391 |
Shares Issued | 24,307m |
Market Cap | £19,951m |
Beta | 0.00 |
RiskGrade | 130 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 3 |
Buy | 2 |
Neutral | 11 |
Sell | 3 |
Strong Sell | 0 |
Total | 19 |
Latest | Previous | |
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Final | Interim | |
Ex-Div | 05-Jun-25 | 21-Nov-24 |
Paid | 01-Aug-25 | 07-Feb-25 |
Amount | 2.25¢ | 2.25¢ |
Time | Volume / Share Price |
15:10 | 2 @ 82.20p |
15:10 | 1 @ 82.20p |
15:03 | 3 @ 82.02p |
15:03 | 4 @ 82.02p |
15:03 | 2 @ 82.02p |
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