Events after the reporting period
2024 Shareholders’ Meeting. Deutsche Telekom held its annual Shareholders’ Meeting in Bonn on April 10, 2024. In accordance with the published agenda, the 2024 Shareholders’ Meeting passed resolutions on the approval of the actions of the Board of Management and the Supervisory Board, the selection of the external auditor for the 2024 financial year, the amendment to § 13 of the Articles of Incorporation (remuneration of the Supervisory Board), and the amount of the dividend (EUR 0.77 per dividend-bearing no par value share; EUR 3.8 billion in total). The dividend was paid out in April 2024.
Deutsche Telekom AG’s share buy-back program. In the period from April 1, 2024 to May 14, 2024, Deutsche Telekom AG bought back around 9 million shares with a total volume of around EUR 0.2 billion under the share buy-back program.
For more information, please refer to the section “Other transactions that had no effect on the composition of the Group.”
Sale of T‑Mobile US shares by Deutsche Telekom. In the period from April 1, 2024 to May 14, 2024, Deutsche Telekom sold around 6 million T‑Mobile US shares with a total volume of EUR 0.9 billion.
For more information, please refer to the section “Other transactions that had no effect on the composition of the Group.”
T‑Mobile US’ share buy-back program continued. In the period from April 1, 2024 to April 19, 2024, T‑Mobile US bought back around 5 million additional shares with a total volume of USD 0.9 billion (EUR 0.8 billion) under the share buy-back program.
For further information on the share buy-back program at T‑Mobile US, please refer to the section “Other transactions that had no effect on the composition of the Group.”
Agreement on the acquisition of Lumos in the United States. On April 24, 2024, T‑Mobile US entered into an agreement with the investment fund EQT on the acquisition of the fiber-to-the-home platform Lumos.
For further information, please refer to the section “Changes in the composition of the Group and other transactions.”
Acquisition of Ka’ena in the United States. On May 1, 2024, T‑Mobile US consummated the acquisition of Ka’ena. All necessary regulatory approvals had been duly granted and all other closing conditions met.
For further information, please refer to the section “Changes in the composition of the Group and other transactions.”
Issue of EUR bonds by T‑Mobile US. On May 8, 2024, T‑Mobile US issued EUR bonds (senior notes) with a total volume of EUR 2.0 billion with terms ending between 2029 and 2036 and bearing interest of between 3.55 % and 3.85 %.