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Tele2 AB ser. B (TEL2 B)

Sell: 87.88 SEK|Buy: 87.92 SEK|Change: 0.64 (0.73%)

Open 

87.26 SEK


Previous close 

87.26 SEK


Trade high 

88.28 SEK


Volume 

1,601,324


Year high 

109.70 SEK


Year low 

75.10 SEK


Dividend yield 

7.79%


Market capitalisation 

60.82 bn SEK


P/E ratio 

16.40


ISIN 

SE0005190238


This share can be held in a Dealing accountISALifetime ISAJISASIPP

Share price

Performance 27/03/2024

1D | 1M | 3M | 1Y | 3Y ann | 5Y ann | 10Y ann


Total return (%)
Tele2 AB ser. B- 0.64
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Company profile

Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.

Sector 

Communication Services


AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.

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