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TELIA - Telia AB News Story

SEK36.29 0.1  0.4%

Last Trade - 07/05/21

Sector
Telecoms
Size
Large Cap
Market Cap £12.79bn
Enterprise Value £21.27bn
Revenue £7.63bn
Position in Universe 55th / 1838

BRIEF-Telia to implement 5 bln SEK share buyback program

Tue 16th April, 2019 6:33am
April 16 (Reuters) - Telia Company AB  TELIA.ST :
    * TELIA COMPANY CONTINUES THE THREE YEAR SHARE BUY-BACK
PROGRAM
    * HAS DECIDED TO IMPLEMENT A NEW SEK 5 BILLION SHARE
BUY-BACK
PROGRAM
    * DECISION IS IN LINE WITH AMBITION FROM APRIL 2018, TO BUY
BACK
SHARES FOR AN ANNUAL AMOUNT OF SEK 5 BILLION OVER COMING THREE
YEAR PERIOD, TOTALING SEK 15 BILLION
    * BOARD OF DIRECTORS INTENDS TO SEEK SUCH APPROVAL AT 2020
AND
2021 ANNUAL GENERAL MEETINGS AS WELL
    * SAYS COMBINED WITH RECENTLY APPROVED ORDINARY DIVIDEND OF
SEK
2.36 PER SHARE, PRO-FORMA ANNUAL COMBINED SHAREHOLDER
REMUNERATION WILL EQUAL SEK 3.55 PER SHARE

Source text for Eikon:  urn:newsml:reuters.com:*:nWkr9jK4ps
Further company coverage:  TELIA.ST 

 (Reporting By Stockholm newsroom)
 ((Stockholm.newsroom@thomsonreuters.com;))
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