Australia&#39;s Telstra announces details of A$750 million share ...
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SYDNEY: Australia&#39;s dominant telecommunications firm, Telstra, has unveiled details of a 750 million dollar (532 million US) off-market share buy-back as part of a three-year, 4.5 billion dollar capital management program.
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A total of 185,284,269 shares were bought back at $4.05 per share, representing three per cent of Telstra&#39;s non-government owned issued capital.
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Australia&#39;s Computershare Ltd. (CPU.AX: Quote, Profile, Research) has agreed to buy the second-largest US share registrar, EquiServe, for $292 million, quadrupling
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Australian telecoms giant Telstra hopes to woo customers with a super-fast mobile phone and broadband network.
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SYDNEY : Australian flag carrier Qantas Airways said that British Airways had sold its 18.25 percent shareholding to a range of investors, as its shares surged on the news.
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Australia-based News Corp. has bought Telecom Italia SpA&#39;s 19.9 percent stake in satellite television company Sky Italia for euro88 million (US$108.
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A $7.4 billion takeover bid for the Australian mining company WMC Resources has seen its share price surge by 36 per cent. The Swiss-based mining house Xstrata wants to add WMC Resources to its Australian mining portfolio.
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Technology distributor Ingram Micro has announced that it has signed an agreement to purchase Australian based company Tech Pacific for AU$700 million, in a move designed to strengthen its Asia Pacific presence.
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SYDNEY (Dow Jones)--Australia&#39;s Macquarie Communications Infrastructure Group (MCG.AU), which is bidding in a consortium for NTL Inc.
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Vodafone buys a controlling stake in Indian mobile phone firm Hutchison Essar for $11bn (Â£5.6bn).
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TREASURER Peter Costello yesterday declared Telstra would not be sold until its share price was more than $5. That came despite the Coalition having secured a Senate majority.
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Telstra Corp., Australia&#39;s biggest phone company, agreed to buyback A$750 million ($576 million) of its own stock at the lowest price in a range offered to shareholders.
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Telstra Corporation has announced details of its plan to invite all shareholders to participate in a $750 milion off-market share buy-back.
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John Stanhope, chief financial officer of Telstra Corp., speaks at a news conference from Melbourne about the company&#39;s offer to buy back shares for as much as A$4.
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ERICSSON Australia Pty Ltd has been chosen to supply and service Telstra Corp Ltd&#39;s 3G mobile capacity for the next five years.
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This will be accomplished through a share buy-back plan in Australia, where 40% of the company&#39;s shares are held. because of the tax breaks they enjoy on such sales.
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CANBERRA Australia&#39;s government wants to sell its 51 percent stake in Telstra in a single public offering, Finance Minister Nick Minchin said.