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Koninklijke KPN N.V. (KKPNY)

Other OTC - Other OTC Delayed price. Currency in USD
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2.9900-0.0300 (-0.99%)
At close: 3:59PM EST
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Previous close3.0200
Open2.9800
Bid0.0000 x 0
Ask0.0000 x 0
Day's range2.9800 - 3.0200
52-week range2.9100 - 3.5700
Volume759,333
Avg. volume176,788
Market cap12.566B
Beta (5Y monthly)0.36
PE ratio (TTM)19.29
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.16 (4.91%)
Ex-dividend date09 Aug 2021
1y target estN/A
  • Reuters

    EQT holds out hope for KPN after rejection, sources say, but shares slide

    Sweden's EQT is still interested in buying Dutch telecom KPN, two sources familiar with the matter said on Monday, even as shares in the company slid after it rejected the private equity firm's takeover proposal. KPN said on Sunday the proposal by EQT AB and another by KKR of the United States, which it has also rejected, lacked merit. Separately the Dutch government repeated it has the power to block unwanted takeovers of telecommunications companies.

  • Reuters

    KPN rejects takeover bids from EQT-Stonepeak consortium and KKR

    "Boards of KPN concluded that both approaches fail to provide tangible and material added value over KPN’s recently updated growth strategy," the company said in a statement. It said there had been no discussions or negotiations with EQT, Stonepeak or KKR, adding that the EQT-Stonepeak proposition did not include an offer price. In April, the Wall Street Journal reported that private investors, including EQT, sought to pay 3 euros per share for the top Dutch telecoms provider.

  • Reuters

    KPN investing to grow, not seeking a takeover -CEO

    AMSTERDAM (Reuters) -Royal KPN NV is investing in infrastructure for the first time in 26 years and is not seeking to be bought, its CEO said on Friday as the Netherlands' largest telecoms operator reported first quarter earnings in line with estimates. Reports that private equity firms hope to purchase KPN have surfaced four times over the past year, most recently in early April, [L1N2M10BN], but Chief Executive Joost Farwerck dismissed them as "rumours". "For the first time since I worked at KPN, and that's 26 years, we are sticking our neck out to finally invest in infrastructure that we should have built years ago," he said, referring to a 5-year plan to build out fibre optic networks unveiled in November.