Telia Lietuva AB: Key Financial Updates and Decisions

On April 28, 2025, Telia Lietuva AB, a leading telecommunications service provider in Lithuania, held its Annual General Meeting (AGM) of Shareholders. The meeting, held at the company’s registered address in Vilnius, Lithuania, resulted in several key decisions that impact the company’s financial outlook and shareholder returns.

Dividend Declaration

One of the primary outcomes of the AGM was the decision to allocate the company’s profit for the year 2024. The shareholders approved the payment of a dividend of EUR 0.11 per share. This dividend will be distributed to shareholders who are registered by the end of the tenth business day following the AGM, which falls on May 13, 2025. This decision underscores Telia Lietuva’s commitment to returning value to its shareholders and reflects the company’s solid financial performance over the past year.

Approval of Financial Statements

The AGM also approved the audited annual financial statements for the year 2024. The financial statements, which were prepared by the company, assessed by auditors, and approved by the Board, provide a comprehensive overview of Telia Lietuva’s financial health. The approval of these statements is a critical step in ensuring transparency and accountability in the company’s financial reporting.

Sustainability Reporting

In line with the EU Corporate Sustainability Reporting Directive (CSRD), Telia Lietuva’s Annual Report for 2024 includes a sustainability statement. This report, which was also approved at the AGM, highlights the company’s efforts in maintaining transparency and accountability in its sustainability practices. The inclusion of the sustainability statement aligns with the growing emphasis on corporate responsibility and environmental, social, and governance (ESG) criteria.

Market Performance

As of April 28, 2025, Telia Lietuva’s share price stood at EUR 1.695, with a 52-week high of EUR 1.71 and a low of EUR 1.505. The company’s market capitalization is approximately EUR 3.48 billion, and it maintains a price-to-earnings ratio of 13.71. These figures reflect the company’s strong position in the diversified telecommunication services sector and its resilience in the competitive market landscape.

Conclusion

The decisions made at the Annual General Meeting of Telia Lietuva AB highlight the company’s robust financial performance and its commitment to shareholder value. With the approval of the dividend payment, financial statements, and sustainability report, Telia Lietuva continues to demonstrate its dedication to transparency, accountability, and sustainable growth. As the company moves forward, these decisions will play a crucial role in shaping its future trajectory in the telecommunications industry.