Marcin Frąckiewicz

Vodafone shares rose 2.18% to 110.10 pence in London Tuesday, outperforming the FTSE 100. The company cancelled 549.6 million treasury shares and reported Goldman Sachs bought 2 million shares at 107.92 pence. Vodafone’s 500 million euro buyback ends May 11, ahead of full-year results on May 12. Service revenue in Germany grew 0.7% in Q3, below analyst expectations.

Reckitt closed up 0.59% at 5,110 pence Tuesday after disclosing a 157,000-share buyback under its ongoing repurchase plan. The stock remains well below its 52-week high as investors weigh margin warnings and weak European demand flagged in March. The FTSE 100 rose 0.7%, leaving Reckitt trailing the index. Management continues to focus on emerging markets after a 17.2% revenue jump there last quarter.

Haleon shares dropped 1.8% in London Tuesday, closing at 359 pence after a director dealing notice and recent buybacks failed to lift sentiment. The company bought 7.83 million shares last week at prices above Tuesday’s close. CEO Brian McNamara received shares under performance and bonus plans, with some sold to cover taxes. Investors remain cautious after Haleon’s February forecast of slower 2026 organic revenue growth.