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Tag: share buyback
AkzoNobel Starts 300 Million Share Buyback on Dec. 7, 2020
2020-12-07 14:00:41| Coatings World Breaking News
Completion is due in the first half of 2021.
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Liberty Global starts USD 1 bln share buyback plan amid lower Q4, with continued customer losses
2020-02-14 09:24:00| Telecompaper Headlines
(Telecompaper) Liberty Global said revenues for the fourth quarter slid 0.5 percent to USD 2.982 billion, pulled down by contractions in Switzerland, Belgium and UK/Ireland. Mobile revenue increased 5.2 percent to USD 429.9 million but was not able to offset cable revenue falling 0.9 percent to USD 1.902 billion. The operating cash flow (OCF) declined a bit over 4 percent to USD 1.273 billion with OFCF (OCF after tax) down 18.2 percent to USD 433.4 million. The operating profit meanwhile increased 11.2 percent to USD 282.5 million. For the full year, revenues dipped 0.6 percent lower to USD 11.541 billion, with OCF off 3.1 percent to USD 4.859 billion, OFCF up 34.5 percent to USD 1.979 billion and the operating profit going 11.2 percent lower to USD 745.5 million.
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Telia cancels share buyback as service revenue continues lower
2019-10-17 09:17:00| Telecompaper Headlines
(Telecompaper) Telia has decided to cancel its share buyback programme, in order to save cash for investments and a possible economic downturn. While the group's third-quarter results showed a small improvement compared to the first half, acting CEO and former CFO Christian Luiga said service revenue was improving slower than expected and the outlook for operating cash flow in 2020 was less certain.
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Liberty Global Q2 results lower, plans share buyback with sale proceeds
2019-08-08 09:00:00| Telecompaper Headlines
(Telecompaper) Liberty Global reported organic revenues from its continuing operations down 0.9 percent in the second quarter. This excludes its German and Eastern European businesses just sold to Vodafone, but includes the Swiss activities, which are not expected to sell until Q4. The weakness in Switzerland and Belgium offset growth in the UK in the quarter. Liberty Global announced it will use some of the proceeds from the divestments for share buybacks.
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AkzoNobel Announces Share Buyback
2019-03-04 14:58:00| Coatings World Breaking News
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