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Telia Company AB ( (SE:TELIA) ) has shared an announcement.
Telia Company’s board has decided to exercise its AGM-approved mandate to repurchase shares in order to meet obligations under its Long Term Incentive Program 2023/2026. The company plans to buy back up to 2,297,938 shares on Nasdaq Stockholm between May 4 and May 6, 2026, with payment in cash and in full compliance with exchange rules and the 10 percent cap on treasury holdings.
The repurchased shares are intended to be allotted to participants in the long-term incentive scheme starting May 7, linking employee and management rewards more closely to shareholder value. By using buybacks specifically for share-based compensation, Telia seeks to avoid dilution of existing shareholders while reinforcing its talent-retention strategy in a competitive Nordic and Baltic telecoms market.
The most recent analyst rating on (SE:TELIA) stock is a Sell with a SEK37.00 price target. To see the full list of analyst forecasts on Telia Company AB stock, see the SE:TELIA Stock Forecast page.
More about Telia Company AB
Telia Company AB (STO: TELIA) is a leading telecommunications operator in the Nordic and Baltic regions, providing connectivity and communications services over sustainable and secure networks. The group serves millions of customers and positions itself at the center of regional digitalization, aiming to be a trusted partner in enabling better connected living for people, businesses, and societies.
YTD Price Performance: 25.30%
Average Trading Volume: 6,972,988
Technical Sentiment Signal: Buy
Current Market Cap: SEK185B
See more insights into TELIA stock on TipRanks’ Stock Analysis page.