Deutsche Telekom Share Buyback Of EUR 2 Bln To Begin Jan 3
T-Reuters
03 Jan
DEUTSCHE TELEKOM AG :Share Buyback With Total Purchase Price(Excluding Transaction Costs) Of Up To 2 Billion Euros Will Begin Jan 3 2025 .Repurchase Completion By End Of 2025 At The Latest.Repurchased Shares Will Mainly Be Cancelled And To Minor Extent Be Used To Service Executive Remuneration And Employee Share Offerings.First Tranche With Purchase Price (Excluding Transaction Costs) Of Up To 550 Million Euros To Be Purchased From Jan 3 To No Later Than April 4 2025.Based On Closing Price In Xetra Trading On Frankfurt Stock Exchange On Jan 2 Of 29.170 Euros, Price Would Amount To Up To 18,854,988 Shares. Further Company Coverage: [Dtegn.De] . (Gdansk Newsroom). ((Gdansk.Newsroom@Thomsonreuters.Com; +48 58 769 66 00;)).
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