Thursday, March 26, 2020

Telia to cut dividend due to Corona virus affecting business

Telia decreases dividend to 1.80 SEK per share instead of the planned 2.45 SEK per share due to Corona Virus situation affecting advertising in television sports events, i.e. no sport events, no advertising. This is understandable reduction. Telia informed that if situation changes, a additional board meeting can be arranged to discuss extra dividend.

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