Weekly Recap: €5bn buyback cap and Elliott urges DTE to drop T—Mobile deal
Deutsche Telekom AG (XETR:DTE) ramped buybacks—adding 2,945,800 shares Sept 14—18 and lifting the Aug 10—Sep 18 programme to 14,005,765 with a 2026 cap up €3bn to €5bn—while activist Elliott builds a stake and presses management to abandon a T—Mobile US merger in favor of other value-boosting moves…
Deutsche Telekom AG (XETR:DTE) ramped buybacks—adding 2,945,800 shares Sept 14—18 and lifting the Aug 10—Sep 18 programme to 14,005,765 with a 2026 cap up €3bn to €5bn—while activist Elliott builds a stake and presses management to abandon a T—Mobile US merger in favor of other value-boosting moves…