Deutsche Telekom AG
ISIN: DE0005557508
WKN: 555750
10 October 2024 06:29AM

EQS-Adhoc: Deutsche Telekom AG: Deutsche Telekom’s Board of Management plans higher dividend for 2024 and buy-backs of Deutsche Telekom shares in 2025

Deutsche Telekom AG · ISIN: DE0005557508 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 2005583

EQS-Ad-hoc: Deutsche Telekom AG / Key word(s): Dividend/Share Buyback
Deutsche Telekom AG: Deutsche Telekom’s Board of Management plans higher dividend for 2024 and buy-backs of Deutsche Telekom shares in 2025

10-Oct-2024 / 06:29 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Deutsche Telekom’s Board of Management plans higher dividend for 2024 and buy-backs of Deutsche Telekom shares in 2025

Bonn, October 10, 2024

The Board of Management of Deutsche Telekom AG plans to propose to the annual shareholder meeting to increase the dividend for the 2024 financial year to 0.90 euros per dividend-bearing share, up from 0.77 euros per share for the 2023 financial year. 

In addition, the Board of Management plans to buy back shares of Deutsche Telekom in 2025 for up to 2 billion euros. 

The Board of Management’s plans for this shareholder remuneration are based on business performance in 2024 up to now as well as the outlook for the remainder of the financial year.

On October 10 and 11, 2024, Deutsche Telekom presents the midterm outlook for the Group for the years until 2027 at its Capital Markets Day 2024. On November 14, 2024, Deutsche Telekom will report the Group’s financial figures for the first nine months of 2023.

The Supervisory Board will make its decision on the Board of Management’s dividend planning as soon as the definitive business figures for full-year 2024 are available. 

A dividend payment based on the final dividend proposal by the Board of Management and the Supervisory Board for the 2024 financial year is subject to approval by the shareholders’ meeting and to fulfillment of other legal conditions. 

 



End of Inside Information

Information and Explanation of the Issuer to this announcement:

Deutsche Telekom’s dividend policy published at the Capital Markets Day 2021 provides for distribution of between 40 and 60 percent of recurring adjusted earnings per share, with payment of a minimum dividend of 0.60 euros per share. When publishing its financial figures for the first half of the year on August 08, 2024, Deutsche Telekom set a guidance for recurring adjusted earnings per share of over 1.75 euros per share for the 2024 financial year. This guidance is based on the assumption that exchange rates will remain at the same level as in 2023. A dividend of 0.90 euros per share is thus in the middle of the intended payout range and implies a higher payout ratio compared to the previous year.

Shareholders eligible for tax credits in Germany will not have to pay tax on their dividends. 

At the Capital Markets Day 2021, Deutsche Telekom’s Board of Management had also announced that it would take share buy-backs into consideration in the future. For 2024 Deutsche Telekom has set up a  share buyback program of up to 2 billion euros intended to recoup part of the dilution effect from Deutsche Telekom’s 2021 capital increase. In September 2021, Deutsche Telekom had issued 225 million new shares to Softbank Corp., Japan, by way of a capital increase against contributions in kind, for which it received 45 million shares of its subsidiary T-Mobile US Inc. in return. This took Deutsche Telekom one step closer to achieving its strategic goal of a long-term majority shareholding in T-Mobile US.

 

Disclaimer: 
IMPORTANT INFORMATION: This media information has been prepared solely for information purposes and does not constitute an offer of or a solicitation by or on behalf of Deutsche Telekom AG to subscribe for or purchase securities of Deutsche Telekom AG or as described herein. Any statements and information herein, including forward-looking statements, are not binding and are subject to change without notice at any time. The documents and information contained on this page are not an offer of securities in the United States of America. Securities may not be offered or sold in the United States of America or to "U.S. person" as defined in the U.S. Securities Act of 1933, as amended (the "Securities Act") or for the account of "U.S. persons" absent registration or an exemption from registration under the U.S. Securities Act. The securities are not and will not be registered as per the U.S. Securities Act.

This media information contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. They are generally identified by the words “expect,” “anticipate,” “believe,” “intend,” “estimate,” “aim,” “goal,” “plan,” “will,” “seek,” “outlook,” or similar expressions and include generally any information that relates to expectations or targets for revenue, adjusted EBITDA, or other performance measures. Forward-looking statements are based on current plans, estimates, and projections, and should therefore be considered with caution. Such statements are subject to risks and uncertainties, most of which are difficult to predict and are generally beyond Deutsche Telekom's control. They include, for instance, the progress of Deutsche Telekom's staff-related restructuring measures and the impact of other significant strategic or business initiatives, including acquisitions, dispositions, and business combinations. In addition, movements in exchange rates and interest rates, regulatory rulings, stronger than expected competition, technological change, litigation and regulatory developments, among other factors, may have a material adverse effect on costs and revenue development. If these or other risks and uncertainties materialize, or if the assumptions underlying any of these statements prove incorrect, Deutsche Telekom's actual results may be materially different from those expressed or implied by such statements. Deutsche Telekom can offer no assurance that its expectations or targets will be achieved. Without prejudice to existing obligations under capital market law, Deutsche Telekom does not assume any obligation to update forward-looking statements to account for new information or future events or anything else. In addition to figures prepared in accordance with IFRS, Deutsche Telekom presents alternative performance measures, e.g., EBITDA, EBITDA AL, EBITDA margin, adjusted EBITDA, adjusted EBITDA AL, adjusted EBITDA margin, Core EBITDA, adjusted EBIT, adjusted EBIT margin, adjusted net profit/loss, adjusted earnings per share, free cash flow, free cash flow AL, gross debt, and net debt. These measures should be considered in addition to, but not as a substitute for, the information prepared in accordance with IFRS. Alternative performance measures are not subject to IFRS or any other generally accepted accounting principles. Other companies may define these terms in different ways.

 

 

 


10-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Deutsche Telekom AG
Friedrich Ebert Allee 140
53113 Bonn
Germany
Phone: +49 (0)228 181-88880
Fax: +49 (0)228 181-88899
E-mail: investor.relations@telekom.de
Internet: www.telekom.com
ISIN: DE0005557508
WKN: 555750
Indices: DAX, TecDAX, EURO STOXX 50
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange; London, Amsterdam, NYSE, OTC QX, Tokyo
EQS News ID: 2005583

 
End of Announcement EQS News Service

2005583  10-Oct-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=2005583&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 75.656,00 80.531,00 100.999,00 108.794,00 114.197,00 111.970,00 0,00
EBITDA1,2 21.836,00 27.120,00 38.633,00 40.539,00 43.049,00 44.772,00 0,00
EBITDA-Margin3 28,86 33,68 38,25 37,26 37,70 39,99 0,00
EBIT1,4 8.001,00 9.457,00 12.804,00 13.057,00 15.414,00 20.798,00 0,00
EBIT-Margin5 10,58 11,74 12,68 12,00 13,50 18,58 0,00
Net Profit (Loss)1 3.329,00 5.268,00 6.747,00 6.103,00 9.482,00 21.992,00 0,00
Net-Margin6 4,40 6,54 6,68 5,61 8,30 19,64 0,00
Cashflow1,7 17.948,00 23.074,00 23.743,00 32.171,00 35.819,00 37.298,00 0,00
Earnings per share8 0,46 0,82 0,88 0,87 1,61 3,57 1,78
Dividend per share8 0,70 0,60 0,60 0,64 0,70 0,77 0,90
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Deloitte

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Deutsche Telekom
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
555750 DE0005557508 AG 144.208,38 Mio € 18.11.1996 Halten 9F29P45H+4F
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
14,76 19,13 0,77 24,06 2,72 3,87 1,29
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,70 0,77 0,90 3,11%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
09.04.2025 15.05.2025 08.08.2024 14.11.2024 26.02.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,09%
28,92 €
ATH 104,90 €
+1,32% +15,86% +32,97% +32,78% +98,49%

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