Deutsche Telekom Plans €2 Billion Share Buyback and AI Expansion

Reported 2 months ago

Deutsche Telekom has announced a share buyback program worth up to €2 billion scheduled for 2025, building on a similar initiative in 2024. The telecommunications giant aims to enhance efficiency through artificial intelligence over the next three years, alongside proposing a dividend increase for 2024. Deutsche Telekom, which has seen strong growth through its stake in T-Mobile US, is focused on boosting shareholder returns and expects steady revenue growth in the coming years.

Source: YAHOO

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