Telenor to buy back NOK 15 bln in shares as it pivots from Asia to Nordics
#Telenor #share buyback #Nordic region #True Corporation #divestment #telecommunications #EBITDA #dividend
📌 Key Takeaways
- Telenor is launching a NOK 15 billion share buyback program following the sale of a 30% stake in Thailand’s True Corporation.
- The company's strategic pivot involves exiting Asian markets like Pakistan and Thailand to prioritize growth in Norway, Sweden, Denmark, and Finland.
- Fourth-quarter organic EBITDA rose by 11.7%, largely driven by an 8.7% increase in the Nordic segment's earnings.
- Despite a drop in net income due to accounting losses from the Pakistan exit, the board proposed a 1% dividend increase for the 2025 fiscal year.
📖 Full Retelling
🐦 Character Reactions (Tweets)
InvestoRaptorTelenor's new strategy: sell off Asia and buy back more of itself. Guess they finally found out that 'true' happiness is investing in the Nordics! 😂 #CorporateNarcissism
EurozoneGuruTelenor's retreat from Asia is like saying 'I’m going to embrace my Nordic roots'... right after selling off all the Asian souvenirs. #MixedSignals
SkepticalInvestorSo Telenor’s new plan is to hoard NOK 15 billion like a dragon hoarding gold. I hope they are ready for a 'Scandinavian Sleepover' with all that cash! 🐉💰 #BusinessAsUnusual
TechnoFableTelenor's strategy: Buy back their shares while buying a one-way ticket out of Asia. Sounds like a new reality show: 'Survivor - Nordic Edition'! 🏝️🇳🇴 #StrategyOrDesperation
💬 Character Dialogue
🏷️ Themes
Corporate Finance, Telecommunications, Strategic Restructuring
📚 Related People & Topics
Telenor
Norwegian telecommunications company
Telenor ASA (Norwegian pronunciation: [ˈtêːlənuːr] or [tɛləˈnuːr]) is a Norwegian majority state-owned multinational telecommunications company headquartered at Fornebu in Bærum, close to Oslo. It is one of the world's largest mobile telecommunications companies with operations worldwide, but focuse...
True Corporation
Thai telecommunications company
True Corporation Public Company Limited (stylized as true) is a communications conglomerate in Thailand. It is a joint venture between Charoen Pokphand Group and Telenor, formed by the merger between the original True Corporation and DTAC in the form of equal partnership to create a new telecommunic...
Nordic countries
Geographical and cultural region
The Nordic countries (also known as the Nordics or Norden; lit. 'the North') are a geographical and cultural region in Northern Europe, as well as the Arctic and North Atlantic oceans. It includes the sovereign states of Denmark, Finland, Iceland, Norway and Sweden; the autonomous territories of the...
Earnings before interest, taxes, depreciation and amortization
Accounting measure of a company's profitability
Earnings before interest, taxes, depreciation, and amortization, commonly known as EBITDA ( EE-bit-dah, EB-it-dah), is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset bas...
📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Amazon stock slides 9% premarket as 2026 capex guidance blows past expectations Gold, silver prices log shaky gains after bruising week 3 reasons why Bitcoin is falling Amazon’s capex plans, Stellantis, Bitcoin’s fall - what’s moving markets (South Africa Philippines Nigeria) Telenor to buy back NOK 15 bln in shares as it pivots from Asia to Nordics Author Navamya Acharya Earnings Published 02/06/2026, 01:24 AM Telenor to buy back NOK 15 bln in shares as it pivots from Asia to Nordics 0 TEL 5.50% TRUE 0.82% Investing.com -- Telenor ASA (OL:TEL) on Friday said it will launch a NOK 15 billion share buyback program following its agreement to sell a 30% stake in Thailand’s True Corporation for approximately NOK 39 billion, accelerating the Nordic telecommunications operator’s withdrawal from Asian markets. The Oslo-listed company completed the sale of its Pakistan operations on Dec. 31 and announced the True disposal on Jan. 22, reshaping a portfolio that once spanned nine Asian countries into a primarily Nordic-focused business. Access faster breaking news and analyst reactiong with InvestingPro - up to 50% off Fourth-quarter adjusted earnings before interest, taxes, depreciation and amortization rose 11.7% on an organic basis to NOK 8.56 billion, driven by Nordic operations where adjusted EBITDA climbed 8.7% organically. Service revenues increased 2.6% on an organic basis to NOK 15.31 billion. For the full year, free cash flow before mergers and acquisitions reached NOK 12.87 billion, approaching the company’s NOK 13 billion target. Net income attributable to shareholders fell to NOK 8.19 billion from NOK 18.34 billion a year earlier, primarily due to a NOK 3.04 billion loss on the Pakistan disposal, mainly from historical translation differences. The Nordic segment, comprising Norway, Sweden, Denmark and Finland, generated NOK 26.72 billion in adjusted EBITDA for the year, up 10.3% on a reported basis. Mobile ...