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TPG Telecom Unveils $688 Million Reinvestment Plan to Boost Share Liquidity

9:12am on Monday 17th of November, 2025 AEDT Telecommunications
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TPG Telecom Unveils $688 Million Reinvestment Plan to Boost Share Liquidity

9:12am on Monday 17th of November, 2025 AEDT
Key Points
  • Non-underwritten Reinvestment Plan targeting up to $688 million
  • Institutional offer priced at $3.61 per share, a 5% discount to last close
  • Retail offer to open shortly with pricing linked to institutional price or VWAP discount
  • Plan aims to increase free float from ~23% to ~30% and improve liquidity
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