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