0
General

Magyar Telekom to buy back HUF 5.2 billion in shares

Monday 15 June 2020 | 10:25 CET | News
Magyar Telekom announced it's going ahead with a share buyback on 25 June, as approved in February as part of its annual shareholder remuneration. The Hungarian operator will spend up to HUF 5.2 billion (EUR 15 million) buying its own shares on the market. The one-day, over-the-counter transaction will be managed by Unicredit Bank and is open to all shareholders. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Magyar Telekom
Countries: Hungary
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Magyar Telekom backs intelligent transport infrastructure development

Published 02 Jul 2020 14:00 CET | Hungary
Magyar Telekom said it's one of the partners backing the Budapest University of Technology and Economics' measurement campaign in ...

Magyar Telekom concludes buy back of HUF 5.2 bln in shares

Published 26 Jun 2020 13:54 CET | Hungary
Magyar Telekom accepted sales offers for the previously announced maximum value of HUF 5.2 billion during a share buyback auction ...

Magyar Telekom prepares for summer season with extended mobile network capacities

Published 26 Jun 2020 13:23 CET | Hungary
Magyar Telekom is preparing for the increase in mobile traffic, expected around the great lakes during the summer peak holiday ...

Magyar Telekom to pay dividends in mid-June

Published 01 Jun 2020 10:57 CET | Hungary
Magyar Telekom confirmed it will pay its shareholders a HUF 20 per share gross dividend for the 2019 business year. Along with ...

Magyar Telekom board approves HUF 20 per share dividend for 2019

Published 27 Apr 2020 12:00 CET | Hungary
Magyar Telekom's board of directors has approved the items on the agenda for the company's annual shareholders meeting. The AGM ...

Magyar Telekom revenues up 4% to HUF 182 bln in Q4

Published 19 Feb 2020 14:46 CET | Hungary
Magyar Telekom saw its total revenues increase 4.1 percent to HUF 182.318 billion in Q4 2019. EBITDA improved by 23.4 percent to ...





Calendar   /   Industry Events

12 Aug Tecnotree H1 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug China Unicom Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug Teleste Q2 2020
13 Aug RTL Group Q2 2020
13 Aug Teleste Q2 2020
13 Aug China Mobile H1 2020
13 Aug United Internet H1 2020
13 Aug Singtel fiscal Q1
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
14 Aug TDC Q2 results
14 Aug Rovio H1 2020
17 Aug Bezeq Q2 2020
17 Aug Cellcom Q2 2020
18 Aug Ice Group Q2 results
18 Aug Partner Communications Q2 2020
18 Aug ON Semiconductor strategy update
19 Aug MTS Q2 2020
19 Aug Analog Devices fiscal Q3
::: More Calendar Items