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TPG Telecom Limited ( (AU:TPG) ) has shared an update.
TPG Telecom Limited has announced a pro rata cash distribution to shareholders, following approval at an Extraordinary General Meeting. This distribution, amounting to approximately $3 billion, includes a capital reduction and an unfranked special dividend, reflecting the company’s strategic financial management and commitment to returning value to its shareholders.
The most recent analyst rating on (AU:TPG) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on TPG Telecom Limited stock, see the AU:TPG Stock Forecast page.
More about TPG Telecom Limited
TPG Telecom Limited operates in the telecommunications industry, providing a range of services including mobile, internet, and fixed-line communications. The company focuses on delivering competitive and comprehensive telecommunications solutions to both individual and business customers.
Average Trading Volume: 1,285,518
Technical Sentiment Signal: Buy
Current Market Cap: A$10.51B
Find detailed analytics on TPG stock on TipRanks’ Stock Analysis page.