Deutsche Telekom rises as it expands 2026 share buyback by €3 billion

Deutsche Telekom AG

06/08/2026 07:08

** Shares in Deutsche Telekom DTEGn.DE rise 2.1% in early Frankfurt trade after German telecoms operator expanded its 2026 share buyback programme by €3 billion ($3.5 billion) to up to €5 billion
** The company reported Q2 adjusted EBITDAaL of €11.8 billion, above analyst consensus of €11.7 billion compiled by the company.
** The programme is "a positive surprise vs analysts expectations and a direct response to recent share-price weakness and valuation concerns," a local trader says
** The stock is top performer on blue-chip index .GDAXI
     
($1 = 0.8660 euros)

(Reporting by Amir Orusov)
((Amir.orusov@thomsonreuters.com))