Mon. Nov 11th, 2024

Deutsche Telekom Plans A 2024 Dividend Increase and 2 Billion Euro Buyback In 2025

ByLisa Luckas

10/10/2024
Timotheus Höttges Chief Executive Officer (CEO) Deutsche Telekom AGTimotheus Höttges Chief Executive Officer (CEO) Deutsche Telekom AG Timotheus Höttges Chief Executive Officer (CEO) Deutsche Telekom AG
  • Deutsche Telekom plans to increase the 2024 dividend to 0.90 euros per share and conduct a 2 billion euro share buyback in 2025.

Thu Oct 10 06:34:24 -0000 2024 UTC– Deutsche Telekom’s Board plans to raise the dividend for 2024 to 0.90 euros per share, up from 0.77 euros in 2023, and buy back shares in 2025.

These plans are based on 2024 performance. Shareholders in Germany won’t be taxed on dividends. The company aims for a payout ratio of 40-60% of earnings per share.

The Board also considers share buy-backs for the future.

AI and Global Economies of Scale

Deutsche Telekom aims for accelerated growth via AI and global economies of scale, targeting 4% annual revenue increase through 2027, with a focus on data-driven models. Adjusted EBITDA AL to grow 4-6% annually, free cash flow AL to hit €21 billion by 2027.

Investments include fiber expansion and 5G network growth. ESG goals include a 55% carbon reduction by 2030. Efficiency improvements and AI will drive down costs.

Revenue from global B2B to grow by 3%, focusing on cloud, security, IoT, and AI.

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ByLisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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