VEON Cancels 1.5% of Issued Shares Under Buyback Program

Key Facts

1VEON confirmed the cancellation of approximately 1.5% of its total issued shares as part of its buyback program.

VEON confirmed the cancellation of approximately 1.5% of its total issued shares as part of its ongoing buyback program. According to a statement on GlobeNewswire, the company cancelled 26,951,230 common shares, equivalent to 1,078,049 American Depositary Shares (ADSs).

The cancellation follows the buyback initiative announced on September 23, 2026, which aims to repurchase and cancel 3.9% of the company's outstanding shares. VEON closed at $82.18 on October 19, 2026, after reaching a session high of $84.5 and a low of $81.58.