TeliaSonera initiates small share buyback

TeliaSonera’s Board of Directors has decided to exercise a buyback of shares approved by the Annual General Meeting on 8 April 2015. To cover commitments under the ‘Long Term Incentive Program 2012/2015’, the Board decided to buy back a maximum of 300,000 shares. The total amount of registered shares is 4,330,084,781 (while there are no treasury shares), meaning that the share buyback represents less than 0.01% of stock. The buy backs will take place between 28 April and 8 May 2015 on the Nasdaq Stockholm exchange. TeliaSonera – with 2014 revenue of SEK101.1 billion (USD11.77 billion), EBITDA of SEK35.2 billion and earnings per share of SEK3.35 – is also listed on Nasdaq Helsinki.