Tranche Update on Telia Company AB (OM:TELIA)'s Equity Buyback Plan announced on May 3, 2021.
July 21, 2021 at 01:00 am EDT
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From May 3, 2021 to June 30, 2021, the company has repurchased 595,632 shares, representing 0.01% for SEK 21 million. With this, the company has completed the repurchase of 595,632 shares, representing 0.01% for SEK 21 million under the buyback announced on May 3, 2021.
Telia Company AB is the leading Scandinavian telecommunications operator. Net sales (including intragroup) break down by activity as follows:
- telecommunications services (85.8%): mobile telephony (19.8 million subscribers at year-end 2022), fixed-line telephony (0.9 million), cable television transmission (3 million), broadband Internet access (2.9 million), etc.;
- media services (9.6%): production and broadcasting of audiovisual content (TV4, C More and MTV channels);
- other (4.6%).
Net sales are distributed geographically as follows: Sweden (46.4%), Finland (18.7%), Norway (16.5%), Denmark (5.8%), Lithuania (5.5%), Estonia (4%) and other (3.1%).