The group completed the stake sale and will receive the final dividend on July 30Last updated: July 17, 2026 | 17:281 MIN READThis photo taken on January 30, 2026 shows a Vodafone logo above the entrance to one of the company's stores in London.AFP-CARLOS JASSOAbu Dhabi: e& has completed the sale of its entire stake in Vodafone Group, securing total consideration of Dh21.9 billion, equivalent to $5.95 billion.The group transferred 3,944,743,685 Vodafone shares to BNP Paribas Financial Markets, Crédit Agricole Corporate and Investment Bank, and Société Générale.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The transfer generated gross cash proceeds of Dh21.5 billion, equivalent to $5.84 billion, at around 110.5 pence per share.Final payment due on July 30e& will receive the remaining 2.02 pence per share linked to Vodafone’s final dividend for the 2026 financial year on July 30.That payment is worth Dh400 million, or $110 million, and will bring the total consideration from the transaction to Dh21.9 billion.The sale generated a net cash return of Dh4.8 billion, equivalent to $1.3 billion.Focus returns to core businessese& said the transaction represented a natural evolution of its strategic priorities and would allow the group to sharpen its focus on core businesses while realising the value created through its Vodafone investment.The sale was first announced on July 10 under a binding agreement with Vega, an acquisition vehicle wholly owned by the Niel family group.Nivetha Dayanand is Assistant Business Editor at Gulf News, where she spends her days unpacking money, markets, aviation, and the big shifts shaping life in the Gulf. Before returning to Gulf News, she launched Finance Middle East, complete with a podcast and video series.