VEON Announces ~$200M Buyback Plan

VEON Ltd. has announced a share buyback program worth approximately $200 million, aimed at repurchasing 3.9% of its outstanding shares, totaling 72.5 million shares. The buyback is based on a closing price of $69.37 per American Depositary Share (ADS) as of September 22, 2026. The company has initiated the first phase of open market repurchases and plans to cancel all acquired shares to enhance capital allocation and long-term value.