After Europe's largest telecom operator Deutsche Telekom announced second-quarter results in line with expectations, it added up to 3 billion euros to its 2026 stock repurchase plan. Deutsche Telekom issued a statement on Thursday saying that the board of directors approved the repurchase plan at the August 6 meeting. The move was aimed at coping with the company's low stock price; after this additional repurchase, the total annual repurchase scale could reach up to 5 billion euros. Deutsche Telekom's second-quarter revenue increased 4.4% to 29.9 billion euros; analysts expected an average of 30 billion euros. Thanks to holding a majority stake in T‑Mobile in the US, Deutsche Telekom has performed better than its European peers in recent years, hedging competitive pressure on the German and European industries. Relying on the operating performance of T‑Mobile in the US, the company raised its full-year post-lease free cash flow guidelines on Thursday, from over 19.8 billion euros to around 20 billion euros. According to the company, it has completed a share repurchase of approximately 1.2 billion euros in 2026 according to the previously announced repurchase plan. Deutsche Telekom's stock price fell by around 1% cumulatively during the year.

After Europe's largest telecom operator Deutsche Telekom announced second-quarter results in line with expectations, it added up to 3 billion euros to its 2026 stock repurchase plan. Deutsche Telekom issued a statement on Thursday saying that the board of directors approved the repurchase plan at the August 6 meeting. The move was aimed at coping with the company's low stock price; after this additional repurchase, the total annual repurchase scale could reach up to 5 billion euros. Deutsche Telekom's second-quarter revenue increased 4.4% to 29.9 billion euros; analysts expected an average of 30 billion euros. Thanks to holding a majority stake in T‑Mobile in the US, Deutsche Telekom has performed better than its European peers in recent years, hedging competitive pressure on the German and European industries. Relying on the operating performance of T‑Mobile in the US, the company raised its full-year post-lease free cash flow guidelines on Thursday, from over 19.8 billion euros to around 20 billion euros. According to the company, it has completed a share repurchase of approximately 1.2 billion euros in 2026 according to the previously announced repurchase plan. Deutsche Telekom's stock price fell by around 1% cumulatively during the year.