KPN: starts share buyback program
(CercleFinance.com) - Telecoms operator KPN has announced the start of its E250m share buyback program, announced at the end of January, which is due to be completed by 25 July.
The Dutch group plans to use up to one million of the shares bought back under this program to cover employee shareholding plans, with the remaining shares to be cancelled in order to reduce its capital.
KPN points out that this share buyback program is in addition to a dividend of 18.2 cents per share anticipated for 2025, which will enable it to redistribute all its FCF to its shareholders.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The Dutch group plans to use up to one million of the shares bought back under this program to cover employee shareholding plans, with the remaining shares to be cancelled in order to reduce its capital.
KPN points out that this share buyback program is in addition to a dividend of 18.2 cents per share anticipated for 2025, which will enable it to redistribute all its FCF to its shareholders.
Copyright (c) 2025 CercleFinance.com. All rights reserved.