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How TPG Telecom’s $73M Retail Raise Boosts Free Float and Cuts Debt

8:54am on Wednesday 10th of December, 2025 AEDT Telecommunications
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How TPG Telecom’s $73M Retail Raise Boosts Free Float and Cuts Debt

8:54am on Wednesday 10th of December, 2025 AEDT
Key Points
  • Retail Reinvestment Plan raised $73.4 million via 20.6 million new shares
  • Total capital raised under Reinvestment Plan reaches approximately $373 million
  • Free float increased from 23% to 27%, enhancing minority shareholder ownership
  • Proceeds earmarked for repaying bank borrowings, totaling $2.7 billion since June 2025
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