49 Events after the reporting period
Deutsche Telekom AG’s share buy-back program. In the period from January 3, 2024 to February 13, 2024, Deutsche Telekom AG bought back around 9 million shares with a total volume of EUR 0.2 billion under the share buy-back program.
For further information, please refer to the section “Other transactions that had no effect on the composition of the Group” under “Summary of accounting policies.”
Sale of T‑Mobile US shares by Deutsche Telekom. In early 2024, Deutsche Telekom began selling a portion of its T‑Mobile US share portfolio on the market, without jeopardizing its own majority ownership position in T‑Mobile US. In the period from January 2, 2024 to February 13, 2024, Deutsche Telekom sold around 5 million T‑Mobile US shares with a total volume of EUR 0.9 billion.
For further information, please refer to the section “Other transactions that had no effect on the composition of the Group” under “Summary of accounting policies.”
Issue of USD bonds by T‑Mobile US. On January 12, 2024, T‑Mobile US issued senior notes with a total volume of USD 3.0 billion (EUR 2.7 billion) with terms ending between 2029 and 2055 and bearing interest of between 4.850 % and 5.500 %. T‑Mobile US intends to use the proceeds from the issuance of the senior notes for general business purposes, including share buy-backs, dividend payments, and the ongoing refinancing of existing debt.
T‑Mobile US’ shareholder return program from September 2023 continued. On January 24, 2024, the T‑Mobile US Board of Directors declared a further cash dividend of USD 0.65 per share, which will be paid out on March 14, 2024 to the shareholders registered as of close of business on March 1, 2024. Furthermore, in the period from January 1, 2024 to January 31, 2024, T‑Mobile US bought back a further 9 million shares with a total volume of USD 1.5 billion (around EUR 1.4 billion) under its share buy-back program.
For further information, please refer to the section “Other transactions that had no effect on the composition of the Group” under “Summary of accounting policies.”