TeliaSonera to buyback SEK10 billion shares

27 Oct 2004

TeliaSonera has announced it will buyback SEK10 billion worth of shares next year through a public offering. It made the announcement on the release of its third quarter financials, in which it surprised analysts by reporting a rise in EBITDA to SEK8.21 billion, up from SEK7.9 billion in the third quarter of 2003. Sales for the three months were SEK20.65 billion (SEK20.09 billion).

Sweden, Telia Company