US EditionSpain's Telefónica Said to Slash Dividend Through 2026 Under New Policy
13 Articles
13 Articles
Telefónica suffers a punishment in the stock market and reaches the half session with a regression of more than 11%, up to 3.8 euros per title, in a day marked by the presentation of its new strategic plan, which includes a cut to half of the dividend that it will pay in 2026, up to 0.15 euros per share, linking the remuneration of the next years to the performance of its free cash flow. Specifically, the cut of that payment, which will be effec…
The five-year strategic plan does not specify any corporate operations and foresees income growth of between 1.5% and 3.5% per year
Telefónica lost 1,080 million euros until September, compared to 954 million in the first nine months of 2024.
With a phrase that reminds a lot of Mario Draghi's 'whatever it takes' to save the euro in the financial crisis, Marc Murtra , president of Telefónica , promises to "take all the necessary decisions" to guide the company towards growth. A declaration of intent whose first step is in a cut to half of the dividend of 2026, which will give the group room for financial maneuver for its operations, whether consolidation or not. The remuneration to th…
President Marc Murtra presents a new strategic plan focused on modernizing and increasing the profitability of the operator, which lost 1,080 million euros until September Marc Murtra has already revealed his plan to modernize Telefónica. The executive president, who came to office in January after the departure of José María Álvarez-Pallete, has presented a road map for the next three years of the operator that involves “difficult decisions” an…
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