Vodacom cleans up shareholding

VODACOM has offered shareholders with less than 100 shares the opportunity to sell them back to the company, at a profit. Vodacom is also making an offer to shareholders with between 100 and 500 shares.

The move will tidy up Vodacom's share register and save costs on sending out circulars and other notices to these shareholders.

Vodacom is offering R56.61 a share to buy back the stock.