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Stock impact report

Zegona Communications: I Think The Market Continues To Err In Valuing [Seeking Alpha]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD) 
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
Company Research Source: Seeking Alpha
We originally purchased shares of Zegona on the thesis that the leveraged buyout of Vodafone Spain, completed in May 2024, would be a success. Combined with the €400 million from its other fiber joint venture sale, Zegona generated a total of €1.8 billion in cash. Following the distribution, Zegona has been very active in its share buyback program. shaunl/iStock via Getty Images The following segment was excerpted from Alluvial Capital Management's Q4 2025 Letter To Partners. Zegona Communications was Alluvial Fund's best performer this year, and it wasn't a close contest. We originally purchased shares of Zegona on the This article was written by Quick Insights ZEG distributed €1.4 billion to shareholders, canceled 69% of shares, reserved €200 million for debt reduction, and allocated €200 million for share repurchases. Further asset sales, particularly of data centers and wireless network assets, along with continued revenue growth and margin improvement, are expe Show less Read more
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