Home › Business & Finance › Deutsche Telekom Plans €2 Billion 2027 Buyback After Profit Beat
Business & Finance

Deutsche Telekom Plans €2 Billion 2027 Buyback After Profit Beat

Key Points

Deutsche Telekom Plans €2 Billion 2027 Buyback After Profit Beat Deutsche Telekom AG, Europe’s biggest phone carrier, announced plans to buy back as much as €2 billion ($2.3 billion) in shares next year after third-quarter profit beat estimates. Adjusted earnings before interest, taxes, depreciation and amortization after leases were €12.2 billion in the period, the Bonn, Germany-based company said in a statement Thursday. That compares to an average analyst estimate of €12.05 billion,...

Deutsche Telekom Plans €2 Billion 2027 Buyback After Profit Beat Deutsche Telekom AG, Europe’s biggest phone carrier, announced plans to buy back as much as €2 billion ($2.3 billion) in shares next year after third-quarter profit beat estimates. Adjusted earnings before interest, taxes, depreciation and amortization after leases were €12.2 billion in the period, the Bonn, Germany-based company said in a statement Thursday. That compares to an average analyst estimate of €12.05 billion, according to data compiled by Bloomberg.
Deutsche Telekom Plans (ORG) Profit Beat Deutsche Telekom Plans (ORG) Profit Beat Deutsche Telekom AG (ORG) Europe (LOCATION) Bonn (LOCATION) Germany (LOCATION) Bloomberg (ORG)
Originally published by Bloomberg Technology Read original →