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Emirates Investment Authority

  • Vodafone: Buybacks boost UAE’s sovereign wealth fund’s stake

    telecoms

    According to a recent update, the sovereign wealth fund of the United Arab Emirates now owns 15 per cent of Vodafone. While the Emirates Investment Authority (EIA) has not acquired any more shares in the communications giant, Vodafone’s ongoing share buyback has reduced the number of shares outstanding, boosting EIA’s position on the share register. [...]

    Vodafone is listed on the London Stock Exchange and a member of the FTSE 100. (Photo by David Ramos/Getty Images)

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