Investor News

Budapest, September 28, 2017 14:00

Budapest – September 28, 2017 – Magyar Telekom (Reuters: MTEL.BU and Bloomberg: MTELEKOM HB, hereinafter the “Company”), the leading Hungarian telecommunications service provider, hereby announces that on September 27, 2017, to enable the operation of the incentive program based on the new remuneration policy announced in the interim financial report on May 10, 2017, the Company purchased 180,000 Magyar Telekom ordinary shares (HU0000073507)at an average price of HUF 477 per share. The share purchase was carried out on the Budapest Stock Exchange through UniCredit Bank Hungary Zrt., as investment service provider. Following this transaction Magyar Telekom holds 928,230 treasury shares.

 

 

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Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors are described in, among other things, our Annual Reports for the year ended December 31, 2016 available on our website at https://www.telekom.hu.