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Deutsche Telekom Boosts €5bn Buyback as CFO to Resign

Deutsche Telekom logoDeutsche Telekom
Sig3.45Sen+2.35Env0.00Soc0.00Gov+2.05

Deutsche Telekom AG increased its share buyback to €5bn, citing low valuation and aiming to unlock value amid ongoing T‑Mobile merger talks. The company also plans leadership changes: CFO Christian Illek will resign in April after eight years, with Dhananjay Mirchandani taking over finance leadership, and Jan Hofmeyr joining the board for Product and Technology oversight.

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