VEON on June 16th announced a new USD 35 million buyback, marking the third and final phase of its USD 100 million repurchase program first unveiled in August 2024.
This follows the successful completion of earlier phases, which cumulatively saw 1.43 million ADSs repurchased at an average price of USD 45.59.
The latest announcement comes after a recent VEON share price decline which appears to have been caused by market concerns regarding the Israel-Iran conflict.