
BuybackOct 20, 2026, 08:21 AM
VEON Cancels 1.5% of Shares Under Buyback Program
AI Summary
VEON Ltd. announced the cancellation of approximately 1.5% of its total issued shares, totaling 26,951,230 common shares. This action is in line with the company's ongoing share buyback program, initiated on September 23, 2026, which intends to repurchase and cancel a total of 3.9% of VEON's outstanding shares. The company operates as a global digital operator serving over 150 million connectivity and 228 million digital customers across five countries.
Key Highlights
- VEON cancelled 26,951,230 common shares, equivalent to 1,078,049 ADSs.
- This cancellation represents approximately 1.5% of VEON's total issued shares.
- The cancellation is part of an ongoing share buyback program announced on September 23, 2026.
- The program aims to buy back and cancel a total of 3.9% of VEON's outstanding shares.
Price Impact
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