Brief: Hungary's Magyar Telekom to hold share buyback auction -statement

Magyar Telekom Telecommunications Public

09/05/2024 12:11

BUDAPEST, May 9 (Reuters) - Magyar Telekom Tavkozlesi
Nyrt  MTEL.BU  says:
    * INITIATES A SHARE BUYBACK AUCTION TO REPURCHASE SHARES
WITH A
MAXIMUM TOTAL VALUE OF HUF 24 BILLION
    * SHARE BUYBACK AUCTION ANNOUNCED WITH THE PURPOSE OF
SHAREHOLDERS' REMUNERATION BASED ON RELATED AUTHORIZATION BY AGM
    * TRANSACTION IS SCHEDULED FOR MAY 23
    * ANYONE HOLDING ORDINARY MAGYAR TELEKOM SHARES AND
COMPLYING WITH
TERMS MAY PARTICIPATE

Source text for Eikon: [https://bse.hu/newkibdata/129065192/SBB_announcement_9May2024_eng.pdf
]
Further company coverage:  MTEL.BU 

 (Reporting by Anita Komuves)
 ((KOMUVES.Anita@thomsonreuters.com;))