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VEON cancels 1.5% of shares as part of ongoing 3.9% buyback program

Company Fundamentals
20 Oct 2026
GlobeNewsWire
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Bullish
VEON cancels 1.5% of shares as part of ongoing 3.9% buyback program

VEON Ltd. has canceled approximately 1.5% of its total issued shares, amounting to 26,951,230 common shares, as part of its ongoing share buyback program announced in September 2026. The program aims to buy back and cancel 3.9% of VEON's outstanding shares to potentially enhance shareholder value. This move reflects VEON's strategy to manage its capital structure and return value to investors. The company operates globally, serving over 150 million connectivity customers and is listed on NASDAQ.

VEON's share buyback and cancellation program provides context for market activity in the Technology sector on Pluang. For readers following this sector, as of Oct 20, 2026 17:41 WIB, out of 150 US technology stocks priced on Pluang, 45 rose and 97 fell. Among notable movers, DELL traded at USD 441.75 with a 1-day change of -2.78% and a Pluang order activity of 39% Sell / 61% Buy, while MU was priced at USD 879.93, down 2.76%, with 35% Sell / 65% Buy. GLW stood at USD 129.32, down 2.66%, with a strong buy interest of 94% and a typical hold time of 37 days on Pluang.

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