Telia Company continues the three year share buy-back program
Telia Company today announces that it has decided to implement a new SEK 5 billion share buy-back program. The decision is in line with the ambition which was communicated in April 2018, to buy back shares for an annual amount of SEK 5 billion over the coming three year period, totaling SEK 15 billion. The reason is to return excess cash to shareholders and is a continued effort to optimize the capital structure of the company. Combined with the recently approved ordinary dividend of SEK 2.36 per share, the pro-forma annual combined shareholder remuneration will equal SEK 3.55 per share.The