Welcome to our dedicated page for Veon SEC filings (Ticker: VEON), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
VEON Ltd. filings document the regulatory record of a foreign private issuer with Nasdaq-listed American depositary shares. The company furnishes Form 6-K current reports for press releases and material events, and files Form 20-F annual reports covering audited financial statements, operating performance, business strategy, governance, sustainability and risk disclosures.
Recent filings record annual general meeting materials, board nominations and director elections, ADS depositary fee matters, capital-structure and capital allocation disclosures, integrated annual report publication and subsidiary transactions such as Kyivstar digital-service acquisitions. The filings also provide formal disclosure around VEON's connectivity and digital-services operations.
VEON MidCo B.V. has increased the Maximum Aggregate Purchase Price for its cash tender offer for its outstanding U.S.$1,013,973,000 3.375 per cent. Notes due 2027 to U.S.$875,000,000, up from U.S.$750,000,000. The company now proposes to accept Notes validly tendered up to U.S.$875,000,000 in aggregate Purchase Price, excluding any accrued and unpaid interest, which will be paid in addition.
The Early Tender Offer Purchase Price is U.S.$987.50 per U.S.$1,000 in principal amount of Notes accepted, while the Tender Offer Purchase Price is U.S.$957.50 per U.S.$1,000. The outstanding principal amount of the Notes was U.S.$1,010,973,000 as at the date of the Tender Offer Memorandum. All other terms of the tender offer, including conditions such as the New Financing Condition, remain unchanged and are described in the Tender Offer Memorandum.
VEON Ltd. has priced a USD 1.4 billion senior unsecured bond offering through its subsidiary VEON Midco B.V., in two tranches, guaranteed by VEON Amsterdam B.V. The transaction is part of VEON’s balance sheet optimization and supports its access to international capital markets.
VEON intends to use the net proceeds to refinance existing indebtedness, including funding the purchase of its outstanding 3.375% Senior Notes due 2027 for an aggregate purchase price of up to USD 750 million under a tender offer launched on May 18, 2026. The notes are expected to be rated BB- by S&P and Fitch, listed on the Euro MTF market of the Luxembourg Stock Exchange, and offered to eligible investors under Rule 144A and Regulation S.
VEON Ltd. is launching a cash tender offer of up to U.S.$750,000,000 aggregate Purchase Price for its outstanding U.S.$1,013,973,000 3.375% Notes due 2027, alongside a potential dual-tranche U.S. dollar notes issue by its subsidiary VEON MidCo B.V.
The new unsecured medium term notes are planned in five-year (non-call two years) and seven-year (non-call three years) tranches to extend VEON’s average debt maturity and support ongoing capital structure optimization. Early tenders received by 5:00 p.m. New York City time on 1 June 2026 are eligible for an Early Tender Offer Purchase Price of U.S.$987.50 per U.S.$1,000 principal, versus U.S.$957.50 for later tenders.
The Maximum Aggregate Purchase Price excludes accrued interest, which will be paid in addition to the Purchase Price. Completion of the tender is subject to a New Financing Condition tied to successful settlement of the new notes, and tenders may be prorated if demand exceeds the cap, with early tenders prioritized.
VEON Ltd. reported unaudited results for the three months ended March 31, 2026, showing revenue of $1,201 million, up from $1,026 million a year earlier. Profit for the period rose to $123 million, with basic and diluted earnings per share steady at $0.06.
Adjusted EBITDA increased to $517 million, while net cash from operating activities was a strong $396 million, supporting cash and cash equivalents of $1,751 million. VEON executed several strategic moves, including a $160 million acquisition of Tabletki.ua, the smaller Shtorm broadband acquisition, and capitalization of a Pakistan 5G spectrum license at $209 million. A secondary offering in Kyivstar raised $140 million and reduced VEON’s stake to 83.6%, and JazzWorld secured 190 MHz of spectrum for about $240 million. The effective tax rate rose to 32.8%, mainly due to prior-year one-offs not repeating.
VEON Ltd. reported a strong start to 2026, with 1Q26 revenue up 17.0% year-on-year to USD 1,201 million and EBITDA up 17.7% to USD 517 million. Growth was broad-based, led by a 57.7% surge in digital revenues to USD 303 million, which now represent 25.2% of group revenue, while telecom and infrastructure revenue rose 7.6% to USD 898 million.
EBITDA margin edged up to 43.0%, helped by cost discipline and operating leverage. Earnings per ADS increased to USD 1.39, while equity free cash flow after leases and licenses jumped 73.4% to USD 246 million. Net debt excluding leases was broadly stable at USD 1,764 million, with leverage improving to 1.07x EBITDAaL.
VEON raised its 2026 revenue growth outlook to 11%–14% in USD terms and kept EBITDA growth guidance at 7%–10%, while modestly lifting expected capex intensity (ex‑Ukraine) to 15%–17%. The company is executing a USD 100 million buyback, having repurchased 959.3 thousand ADSs for USD 49.6 million as part of a wider capital return policy targeting at least USD 100 million annually, subject to conditions.
VEON Ltd. held its online Annual General Meeting, where shareholders re-elected all seven current directors and then re-elected founder Augie K Fabela II as Chairman for a third term, signaling continuity in governance and strategy.
The company highlighted its capital allocation policy targeting the return of at least USD 100 million to shareholders annually, building on a USD 100 million share buyback program authorized in November 2025. For FY25, VEON reported total revenue of USD 4.4 billion, up 9.9% year-on-year, and EBITDA of USD 2.0 billion, up 18.8% year-on-year, with EBITDA margin expanding to 45.7%.
Direct digital revenues grew 62.5% year-on-year to USD 759 million in FY25. In 4Q25, digital revenues reached 20.1% of total revenue, and 3‑month active digital service customers reached 205.8 million, surpassing connectivity subscribers for the first time. Approximately 99.55% of VEON shares were represented at the AGM, where shareholders also approved the re-appointment of UHY LLP as external auditor for the financial year ended December 31, 2026.
VEON Ltd. reports that, effective January 1, 2026, BNY Mellon will stop collecting depositary service fees from holders of VEON American Depositary Shares. This change lowers the cost of ownership by USD 0.05 per ADS per year for investors.
The company also highlights a capital allocation policy that targets returning at least USD 100 million annually through share buybacks. VEON describes itself as a digital operator serving over 150 million connectivity customers and more than 205 million digital users across five countries.
VEON Ltd. published its 2025 Integrated Annual Report, highlighting a shift from pure connectivity to a digital-operator model and strong financial performance. Group revenue rose 9.9% year-on-year to USD 4,399 million, while EBITDA grew 18.8% to USD 2,009 million, supported by disciplined cost management and digital monetization.
Digital service customers reached 205.8 million 3‑month active users in 4Q25 versus 150.2 million connectivity customers, and direct digital revenues grew 62.5%, reaching 17.3% of full-year Group revenues. VEON advanced “sovereign AI” initiatives, strengthened ESG policies and energy efficiency, listed Kyivstar on Nasdaq, and authorized a share buyback of up to USD 100 million alongside a capital allocation policy targeting the return of at least USD 100 million to shareholders annually through repurchases, subject to market conditions and Board approval.
VEON Ltd. has scheduled its 2026 Annual General Meeting of Shareholders for May 11, 2026 at 12:00 Gulf Standard Time, with a record date of March 31, 2026. The Board’s Nomination Committee is recommending the re-election of the company’s seven current directors, including CEO Kaan Terzioglu and former U.S. Secretary of State Michael R. Pompeo.
The AGM agenda also includes re-appointment of UHY LLP as external auditor for the financial year ending December 31, 2026, and shareholder receipt of the auditor’s report and audited financial statements for the year ended December 31, 2025. VEON highlights its digital operator strategy, noting digital revenues grew 84.1% year-over-year to 20.1% of Group revenue in 4Q25.
VEON Ltd. has filed its Annual Report on Form 20-F for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission. The filing follows completion of the 2025 financial statement audit by independent auditor UHY LLP under Public Company Accounting Oversight Board standards.
The 2025 Form 20-F is available on the SEC’s website and in the Financial Results section of VEON’s website, and shareholders can request a free hard copy by contacting the Investor Relations department. VEON operates across five countries, serving over 150 million connectivity and more than 205 million digital users.