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Deutsche Telekom plans higher 2023 dividend, 2024 share buyback

Published 02/11/2023, 12:27
Updated 02/11/2023, 12:34
© Reuters. A view shows the logo of telecommunications giant Deutsche Telekom AG during the company's annual news conference in Bonn, Germany, February 23, 2023. REUTERS/Wolfgang Rattay/File photo

(Reuters) - Deutsche Telekom (ETR:DTEGn) said on Thursday it planned to pay out a higher dividend for 2023 and buy back shares in the company for up to 2 billion euros ($2.13 billion) in 2024.

It said it would propose a dividend of 0.77 euros per share, up from 0.70 euros it paid for 2022.

($1 = 0.9391 euros)

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