Australian Telstra Details Share Buyback
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Telecommunications giant Telstra Corp. on Monday revealed details of a 750 million Australian dollar (US$532 million) share buyback that is part of a three-year plan to increase the value of its stock.
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LONDON, October 11  - Deutsche Telekom AG (DTE.ETR) has offered to buyback the remaining stake in its Internet services subsidiary, T-Online International AG, for about â¬3 billion ($3.
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TELSTRA will remain firmly in Australian hands even after the Government sells its shares in the company, Treasurer Mr Peter Costello said yesterday.
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Australians will get a chance to buy government-owned shares in national telecoms giant Telstra on 23 October.
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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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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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[Business India]: Mumbai, Dec 26 : Reliance Industries Board is likely to fix tomorrow a price of around Rs 550 a share for the proposed buyback of the company&#39;s equity that had taken a beating in the last one month following the battle between Ambani
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The four networks have been bought by consortia which include Scottish &amp; Southern Energy and United Utilities. Transco said that it would return about Â£2bn to shareholders following the sale and would increase its dividend for the current year by 20%.
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These companies' share buybacks could boost earnings per share. Good deal or no deal?
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TELSTRA has announced a $750 million off-market share buy-back as part of its capital management program. Telstra expects to return $1.
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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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[Business India]: Mumbai, Dec 27 : The Reliance Industries Ltd (RIL) board today approved the scheme to buyback the company shares at a price of not exceeding Rs 570 per share, payable in cash, for an amount not exceeding Rs 2,999 crore.
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Vodafone buys a controlling stake in Indian mobile phone firm Hutchison Essar for $11bn (Â£5.7bn).
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Anglo-Australian resources giant BHP Billiton announced a share buy-back of 1.0-1.5 billion dollars (720 million-1.08 billion US) as part of a capital restructure program.
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TELSTRA Corp Ltd&#39;s share price was being impacted by uncertaintly about the election, chief financial officer John Stanhope said.
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SYDNEY (Dow Jones)--Under pressure to boost investor interest ahead of aA$30 billion share sale, Australia&#39;s largest telephone company Telstra Corp.
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TELSTRA has chosen Ericsson Australia to supply and service its 3G mobile capacity for the next five years. The agreement, signed late Christmas Eve, involved contracts worth more than $100 million to upgrade