Poste Italiane raises mandatory exchange offer price for Telecom Italia
The issuer also waives the minimum threshold condition to finalize the voluntary total acquisition of ordinary shares.
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Integrated postal, financial, payments, logistics and telecommunications group
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In short: Poste Italiane achieved record H1 2026 profits of €1.2 billion and secured a 66.6% majority stake in Telecom Italia via a successful offer.
The issuer also waives the minimum threshold condition to finalize the voluntary total acquisition of ordinary shares.
The Board of Directors approves an increase of 30 cents, setting the consideration at 0.218 shares and 1.97 euros for each share.
The programme runs from 3 August to 31 August 2026, buying up to 2.5 million shares for €62.5 million.
Board approved 9M results; CEO Del Fante upgraded 2022 EBIT guidance to €2.3bn and announced interim dividend of €0.21 per share.
The weekly art magazine dedicated to contemporary exhibitions created by artist and journalist Alexander Jakhnagiev and produced by Vista Agency.
The relaunch of the offer includes an increase of 0.3 euros per share and an increased financial commitment of 512 million, with the aim of facilitating the incorporation and...
As already communicated to the market on July 18, it reads in a note, the consideration of the offer was deemed appropriate from the point of view of...
In the period between August 25 and August 31, 2026, Poste Italiane S.p.A. ("Poste Italiane") purchased 451,003 of its own shares at the price...
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