|Bid||220.00 x 0|
|Ask||223.20 x 0|
|Day's range||220.05 - 222.50|
|52-week range||186.50 - 238.85|
|PE ratio (TTM)||-8.53|
|Dividend & yield||0.17 (5.98%)|
|1y target est||N/A|
Shares (Berlin: DI6.BE - news) in Vodacom Tanzania Plc, part of South Africa's Vodacom Group, rose nearly 6 percent above their issue price in their debut on the Dar es Salaam Stock Exchange on Tuesday. Vodacom placed 560 million shares at 850 shillings each in Tanzania's biggest initial public offering (IPO), raising 476 billion Tanzanian shillings ($213 million). The IPO was part of government-imposed requirement for all telecom companies to list at least 25 percent of their shares locally.
European companies have stepped up the sale of securities directly to investors as they seek to diversify their funding amid fears of tighter monetary policy.
Full Year 2016/2017 Vodafone Group PLC Earnings Presentation