Telekommunikation: Die Telekom will Aktien im Wert von zwei Milliarden Euro zurückkaufen

Deutsche Telekom plans to return two billion euros of shareholder value through a stock buyback program, in addition to raising its dividend by ten percent to 1.10 euros per share. The company announced this during the release of its quarterly earnings on Thursday. However, the stock price of Deutsche Telekom fell by over one percent in early trading that day, indicating investors were not impressed with the announcements.

The company reported a revenue of 31.1 billion euros for the period of July to September, which represented a 5.5 percent increase compared to the same period last year, after adjusting for exchange rate fluctuations. The company's adjusted profit rose by 12.7 percent to 3.0 billion euros. Cash flow from operations increased by 1.4 percent to 5.7 billion euros.

Despite these strong financial figures, Deutsche Telekom's debt burden has also increased. The telecommunications giant already ranks among the most indebted companies in Germany, with its debt rising by 1.7 billion euros to 134.2 billion euros from the end of the previous year.