Jun. 16 at 7:07 PM
$VEON regarding the PR release mentioning the bonds. From chatGPT
Here’s a clear, big-picture assessment: VEON is executing a multi-pronged capital strategy that combines share buybacks, debt issuance, and strategic asset moves. Let’s break this down.
⸻
📈 1. Share Buyback:
$100M Program (Three Phases)
• June 16, 2025: Announced third and final phase: up to
$35 million to repurchase its American Depositary Shares (ADSs), following two earlier phases that brought total spending to approximately
$65 million at an average price of
$45.59 per share .
• Management views its stock as undervalued and believes that buying back shares optimizes shareholder value and strengthens its financial position .
✅ Outlook: Share repurchases signal confidence in VEON’s current valuation, reduce share count (boosting EPS), and typically bolster investor sentiment.
