India, Aug. 6 -- Shares of Deutsche Telekom AG were gaining around 6 percent in German trading after the telecom major reported Thursday higher adjusted EBITDA AL in its second quarter with revenue growth, even as net profit declined from last year. Further, the firm maintained fiscal 2026 outlook for adjusted earnings, but raised Free cash flow AL view.
Separately, Deutsche Telekom announced that it is increasing its current 2026 share buy-back program by up to another 3 billion euros by the end of 2026. The share buy-backs could now reach up to 5 billion euros by the end of the year, including the ongoing share buy-back program of up to 2 billion euros.
Looking ahead for fiscal 2026, Deutsche Telekom continues to expect adjusted earning...