Deutsche Telekom Lifts 2026 Outlook and Buyback Plan

Deutsche Telekom raised its 2026 outlook and announced a share buyback of up to 2 billion euros following strong third-quarter results. The company also proposed a dividend increase while navigating investor debates over capital allocation and U.S. market strategies.

Xurve View
Insights:
Flags with the logo of Deutsche Telekom AG flutter on the day of the annual shareholder meeting in Bonn, Germany, April 1, 2026. REUTERS/Jana Rodenbusch

DEUTSCHE TELEKOM AG-REG raised its 2026 outlook for the third time this year, proposing a 10% dividend increase and a €2.0B ($2.25B) share buyback. The Bonn-based telecom operator extended strong momentum driven by its United States operations. The move underscores management's view that shares remain undervalued despite investor debate over excess cash allocation.