Telenor Announces NOK 15 Billion Share Buyback Plan and Reaffirms Free Cash Flow Targets
Telenor ASA has announced a strategic plan to complete a share buyback program totaling NOK 15 billion over the next two years. This move is supported by the company's strong cash flow performance, which management expects to remain robust through 2026. The company reaffirmed its long-term financial guidance, targeting approximately NOK 10 billion in free cash flow for the year 2026. Additionally, Telenor highlighted recent expansion efforts, including the announced acquisition of Bahnhof, as part of its ongoing priority execution.
Tickers: $TELNY
Topics: acquisition cash flow earnings
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