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Telkom SA SOC Ltd (TKGJ.J)

TKGJ.J on Johannesburg Stock Exchange

5,692.00ZAc
26 Apr 2018
Change (% chg)

34.00 (+0.60%)
Prev Close
5,658.00
Open
5,601.00
Day's High
5,748.00
Day's Low
5,601.00
Volume
460,449
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1,347,485
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8,248.00
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Latest Key Developments (Source: Significant Developments)

Telkom SA Repurchases 15.8 Mln Shares Worth 756.8 Mln Rand Cum Dividend
Monday, 19 Feb 2018 

Feb 19 (Reuters) - Telkom Sa Soc Ltd ::PURCHASED 15.8 MILLION, 3% OF CO'S ISSUED SHARE CAPITAL AT BEGINNING OF SHARE REPURCHASE PROGRAM OF 526.9 MILLION OF OWN ORDINARY SHARES​.‍DATES OF REPURCHASE OF SECURITIES BETWEEN 15 NOVEMBER 2017 AND 16 FEBRUARY 2018​.‍NET EFFECT FROM GENERAL REPURCHASE​ CASH OUTFLOW OF 751.04 MILLION RAND EXCLUDING COST, 4.9 MILLION SHARES PURCHASED CUM DIVIDEND OF 118 CENTS PER SHARE.‍GENERAL REPURCHASE WAS FUNDED FROM COMPANY'S AVAILABLE CASH RESOURCES​.  Full Article

Telkom SA HY HEPS falls 7.4 pct to 303.9 cents
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Telkom Sa Soc Ltd :HY ‍OPERATING REVENUE 20.109 MILLION RAND DOWN 0.6%​.‍HY EBITDA 5.20 MILLION DOWN 1.9%​.HY ‍CAPITAL EXPENDITURE TO REVENUE 3.97 MILLION RAND UP 9.2%​.‍HY HEPS 303.9 CENTS DOWN 7.4%​.HY ‍MOBILE SERVICE REVENUE 2.28 MILLION RAND UP 43.2%​.‍INTERIM DIVIDEND DECREASED 9.9 PERCENT TO 118.1 CENTS PER SHARE​.  Full Article

Telkom SA SOC Ltd refers Government's intention to dispose of Telkom shares​
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - TELKOM SA SOC LTD ::‍GOVERNMENT'S INTENTION TO DISPOSE OF TELKOM SHARES​.REFERS ‍SHAREHOLDERS TO MINISTER OF FINANCE'S COMMENTS WITH REGARD TO SALE OF GOVERNMENT SAS APPROXIMATE 39 PERCENT SHAREHOLDING IN TELKOM​.SAYS ‍TELKOM IS NOT AWARE OF ANY FURTHER DETAILS AND WILL ADVISE SHAREHOLDERS ONCE FURTHER DETAILS BECOME AVAILABLE.  Full Article

Telkom SA says not aware of government decision regarding shareholding
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Telkom Sa Soc Ltd ::‍IS NOT AWARE OF ANY CURRENT DECISION TAKEN BY GOVERNMENT WITH REGARDS TO ITS SHAREHOLDING.​.TELKOM SA SOC - ‍IS WITHDRAWING CAUTIONARY ANNOUNCEMENT AND CAUTION IS NO LONGER REQUIRED TO BE EXERCISED WHEN DEALING IN TELKOM'S SECURITIES​.  Full Article

Telkom SA says HEPS up 12.4 pct at 731.4 cents per share
Monday, 5 Jun 2017 

June 5 (Reuters) - Telkom SA SOC Ltd ::Annual dividend increased 56.3 percent to 422.0 cents per share​.FY operating revenue up 9.8 pct.FY ‍active subscriber base grew by 47.7 percent to about 4 million with a blended average revenue per user stable at 89​ rand.FY HEPS up 12.4 pct at 731.4 cents per share.Cash at end of year down 40.2 pct at 1,519 million rand.Amended dividend policy to annual dividend of 60 percent of headline earnings with interim dividend of 40 percent of interim headline earnings​.FY capital expenditure up 43.3 pct at 8,654 million rand.FY net revenue up 7.9 pct to 31.9 billion rand.  Full Article

Telkom board moots tightening lending criteria to related parties at AGM
Friday, 19 Aug 2016 

Telkom SA Soc Ltd : At AGM board propose that special resolution number 4 be amended to restrict financial assistance to subsidiaries and other related entities and inter-related entities . Reason for proposed amendments is that, following engagements with shareholders after posting of notice of AGM, Telkom received a number of inputs regarding this resolution . Board has decided to propose to shareholders at AGM, limitation of scope of authority that would be conveyed by this resolution .Co will not have authority to provide financial assistance to directors and prescribed officers to enable them to meet co's share ownership requirements for top management.  Full Article

BRIEF-S.Africa's Solidarity says reaches favourable agreement with Telkom
Tuesday, 7 Jun 2016 

Solidarity : Reaches favourable agreement with Telkom . Agreement also states that Telkom will limit proposed outsourcing within its Openserve, Telkom Consumer & Small Business and Telkom Corporate Centre departments to max 1000 people . According to agreement, Solidarity members will receive wage increase of 6 pct from 1 April 2017, while they are also guaranteed two years of no retrenchments . Telkom has given an undertaking that there would be no forced retrenchments as a consequence of intended section 197 transfer to BCX . Telkom will still finalise current section 189 retrenchment process which affects roughly 300 employees ((Bengaluru Newsroom +918067491136;)) Keywords: (CORRECTED).  Full Article

Telkom SA signs agreement with SACU and Solidarity
Tuesday, 7 Jun 2016 

Telkom Sa Soc Ltd : Announced successful conclusion of a new two year collaborative partnership agreement (CPA) with organised labour . Agreement has been signed between Telkom and two of three recognised unions within company . SACU and Solidarity have signed agreement, which is effective from 1 June 2016 . CWU has agreed to new partnership agreement in principle Further company coverage: [TKGJ.J] ((Bengaluru Newsroom +918067491136;)).  Full Article

Telkom SA says FY HEPS up 15.5 pct to 657.9 cents
Monday, 6 Jun 2016 

Telkom Sa Soc Ltd : FY operating revenue up 13.9 pct to r37.3 billion . FY HEPS up 15.5 pct to 657.9 cents . FY EBITDA up 16.1 pct with EBITDA margin of 29.3 pct . Dividend declared up 10.2 pct to 270 cents per share . Active customer growth of 23.8 pct with improved blended ARPU of r89 . FY profit after tax up 32.2 pct .Voice and subscription revenue down 1.9 pct.  Full Article

Telkom sees FY HEPS down 40-50 pct
Monday, 9 May 2016 

Telkom Sa Soc Ltd : Fy headline earnings per share (heps) is expected to decrease by 40% to 50% when compared to prior corresponding period . Fy results to be reported on includes impact of co's voluntary early retirement, severance packages offered to employees of about r2.2 billion . On a normalised basis fy heps is expected to increase by 10% to 20% . Sees fy reported heps 40%-50% lower than 597.9 cents per share year ago .Sees fy normalised heps 10%-20% higher than 574.3 cents per share year ago.  Full Article

Telkom Kenya and Airtel seek merger to take on Safaricom - sources

NAIROBI Telkom Kenya plans to merge operations with Indian-owned Bharti Airtel's local unit as a first step to acquiring all of Airtel's assets, sources said on Tuesday, creating a stronger challenger to market leader Safaricom.