Deutsche Telekom (DE:DTE) has released an update.
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Deutsche Telekom AG has successfully executed a share buy-back program, purchasing 1,615,250 shares between July 29 and August 2, 2024, totaling approximately €39 million. The buy-backs took place on the Frankfurt Stock Exchange and are part of a larger program announced on June 4, 2024, which has seen over 15 million shares repurchased to date. This move is part of the company’s strategy to enhance shareholder value.
For further insights into DE:DTE stock, check out TipRanks’ Stock Analysis page.