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TPG Unveils $600M Handset Financing Boost and $3B Capital Return Plan

8:32am on Friday 3rd of October, 2025 AEST Telecommunications
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TPG Unveils $600M Handset Financing Boost and $3B Capital Return Plan

8:32am on Friday 3rd of October, 2025 AEST
Key Points
  • New handset receivables financing to unlock $600 million free cash flow in FY25
  • Expected 40 to 110 basis points ROIC improvement over FY25 and FY26
  • Up to $3 billion capital reduction proposed, with EGM scheduled for November 2025
  • Non-underwritten reinvestment plan offered at discount to minority shareholders
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