The latest share purchases by Deutsche Telekom brought its buyback to nearly 32 million shares, with 6,707,740 acquired during five trading sessions ending Oct. 16.
On Oct. 16, Deutsche Telekom bought 1,270,190 shares, following 1,268,070 on Oct. 15. Earlier purchases were 1,307,980 shares on Oct. 14, 1,299,500 on Oct. 13 and 1,562,000 on Oct. 12, for a five-session total of 6,707,740.
Deutsche Telekom announced the buyback program Aug. 10. By the close on Oct. 16, acquisitions under it totaled nearly 32 million shares.
Xetra, the Frankfurt Stock Exchange’s electronic trading venue, handled the orders. A credit institution placed them for Deutsche Telekom under commission.
