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Koninklijke KPN NV (KKPNY.PK)

KKPNY.PK on OTC Markets Group

3.44USD
26 May 2017
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Wed, Apr 26 2017

KPN profit beats estimates on cost-cutting measures, lower spending

AMSTERDAM, April 26 KPN, the Netherlands' largest telecommunications company, on Wednesday reported better-than-expected first-quarter core earnings of 584 million euros, due to cost-cutting measures and lower capital spending.

BRIEF-KPN declares 2016 dividend of 0.125 euro per ordinary share

* Declares 2016 dividend of 0.125 euros ($0.133) per ordinary share, consisting of regular dividend of 0.10 euro per ordinary share and additional interim dividend of 0.025 euro per ordinary share Source text for Eikon: Further company coverage: ($1 = 0.9419 euros) (Gdynia Newsroom)

BRIEF-Telefonica increases stake in Telefonica Deutschland to 69.2 pct

* Enters share swap deal with Koninklijke KPN NV under which it transfers 72.0 million of its own treasury shares (1.43 percent of its share capital) in exchange for 178.5 million shares of Telefonica Deutschland Holding AG (6.0 percent of its share capital)

BRIEF-KPN reports Q4 in core earnings in line with Reuters poll

* Q4 net profit 115 million euros ($124.0 million) versus 254 million euros year ago

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