Deutsche Telekom announced in Bonn on Thursday that it is significantly expanding its share buyback program. The company stated that the program will be increased by another three billion euros this year, raising the total potential buyback amount to five billion euros.
The telecommunications provider said that this additional purchase strategy is a direct reaction to the low stock price, which is currently trading at the bottom of its historical valuation ranges. Furthermore, the company noted that the stock’s recent performance has been characterized by “very high volatility,” and the expanded program will allow it to utilize this volatility to reduce the number of outstanding shares further.
The framework for the program is based on an authorization granted during the General Meeting on April 9, 2025, which permitted buybacks of up to ten percent of the share capital until 2030. Once the shares are repurchased, they will primarily be taken off the market, with a portion reserved for employee compensation programs. This newly approved increase to the existing program is set to be implemented in one or more tranches between August 10, 2026, and December 22, 2026.
