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SingTel reports 9% profit rise, plans S$2 billion share buyback amid global uncertainties.
SingTel, Southeast Asia's largest telecom firm, reported a 9% rise in annual profit to S$2.47 billion, driven by strong performances from its Optus unit and regional associate Airtel.
The company announced a S$2 billion share buyback over the next three years, funded by excess capital from asset recycling.
SingTel also proposed a final dividend of S$0.10 per share, bringing the full-year dividend to S$0.17.
Despite growth, the CEO highlighted uncertainties due to macroeconomic and geopolitical factors.
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SingTel informa un aumento del 9% en las ganancias, planea una recompra de acciones de S $ 2 mil millones en medio de incertidumbres globales.