Telstra Corp. to Pay Up to A$4.65 a Share in Buyback
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Telstra Corp., Australia&#39;s biggest phone company, offered to buy back shares for as much as A$4.65 each, the first stage in a plan to return A$4.
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Telstra today announced the price range for its $750 million off-market buyback, which was part of its capital management program.
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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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Stockland, Australia&#39;s fourth-biggest property trust, offered to buy General Property Trust for A$7.5 billion ($5.7 billion) in stock in an attempt to foil a rival bid by Lend Lease Corp.
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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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Mining giant BHP Billiton has completed a bigger-than-expected A$2.27 billion (950 million pound) share buyback, driving up its stock price as investors reinvest profits from the tax-efficient deal.
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The Australian dollar may gain after Switzerland-based Xstrata Plc bid A$7.4 billion ($5.8 billion) for WMC Resources Ltd., stoking speculation it will have to buy dollars to pay shareholders.
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ERICSSON Australia has been chosen to supply and service Telstra&#39;s 3G mobile capacity for the next five years. The agreement, signed late on Christmas Eve, involves contracts worth more than $100 million to
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Telecommunications giant Telstra Corp. on Monday revealed details of a 750 million Australian dollar (US$532 million, euro 432.2 million) share buyback that is part of a three-year plan to increase the value of its stock.
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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 was chosen to supply and service Telstra Corp Ltds 3G mobile capacity for the next five years. The agreement involved contracts worth more than $100 million to develop the Telstra
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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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Shares in Australian flag carrier Qantas have jumped more than four percent amid expectations a takeover consortium is finally ready to formally table a multi-billion dollar offer for the airline.
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Wireless chip maker Texas Instruments Inc  said on Friday it expanded its share buyback program by $5 billion, or about 10 percent of its market capitalization, sending shares up 3.7 percent.
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Teck Cominco  on Tuesday said it would buy Aur Resources  in a friendly cash and stock offer worth C$4.1 billion ($3.87 billion), boosting the base metal giant's copper production.
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By staff writers and wires. THE nationn&#39;s biggest telco, Telstra Corp, is offering shareholders up to $4.65 per share in a off-market buyback worth $750 million.
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TELSTRA chief financial officer John Stanhope has admitted Telstra&#39;s margins in its $4.5 billion a year mobile phone business will shrink this year in the face of increased price competition and the growing cost of acquiring new customers.