Dutch telecoms operator KPN , in which Mexican billionaire Carlos Slim's America Movil took nearly 28 percent last year, could launch its 3 billion-euro ($3.9 billion) rights issue soon after publishing quarterly results on April 23, its CEO said on Wednesday.Eelco Blok said KPN needed to see the market's reaction to its first-quarter results first but might then publish its prospectus for the rights issue."It is possible," Blok told Reuters. "But of course we need to see the reaction of the share price to the Q1 results. We have the possibility. You never know what can happen."Analysts expect the company to report earnings before interest, tax, depreciation and amortisation for the first quarter of 971 million euros, according to Thomson Reuters StarMine SmartEstimates, down from 1.1 billion euros in the same period a year ago.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 1.27% or $0.41/share to $32.64. In the past year, the shares have traded as low as $26.20 and as high as $32.89. On average, 1077560 shares of TRI exchange hands on a given day and today's volume is recorded at 450497.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 1.16% or $0.38/share to $33.14. In the past year, the shares have traded as low as $26.65 and as high as $33.54. On average, 1180980 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 719878.
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