Dividends & Buybacks ·
VEON cancels 26.95M shares, advancing its buyback program targeting a 3.9% reduction in outstanding stock
VEONVEON Ltd.
VEON Ltd. confirmed the cancellation of approximately 1.5% of its total issued shares, specifically 26,951,230 common shares equivalent to 1,078,049 ADSs. This action advances the company's ongoing share buyback program announced on September 23, 2026, which aims to repurchase and cancel a total of 3.9% of VEON’s outstanding shares. The cancellation is part of the firm's strategy to return capital to shareholders while managing its balance sheet. VEON operates as a global digital operator providing connectivity and digital services across five countries.