Telecom Argentina (TEO) has released an update.
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Telecom Argentina S.A. has successfully completed the legal procedures for the offer and sale of 198,085,167 Class B Shares, including as American Depositary Shares, as confirmed by their special Argentine counsel, EGFA Abogados. The company is confirmed to be in good standing under Argentine law, and its common stock has been duly authorized and issued. This move aligns with the company’s growth strategy and promises to be a significant point of interest for investors following the telecom sector.
For further insights into TEO stock, check out TipRanks’ Stock Analysis page.
