Frankfurt, Feb 8, 2026, 00:43 (CET) — Market closed
Deutsche Telekom AG slipped 1.1% to finish at 30.26 euros on Friday, wrapping up the week on a weaker note despite ongoing buybacks. Xetra is closed now; traders will be watching Monday’s open for signs of renewed demand.
This is significant for Deutsche Telekom, which is juggling both reliable payouts to shareholders and a market skittish over earnings and tech-related trades. The buyback props up the stock, yet won’t prevent those short-term jolts.
Mark Feb. 26: that’s when Deutsche Telekom releases its 2025 financials. Traders are already eyeing the report for hints on cash generation and updates to shareholder returns.
The company said Friday it bought back 250,873 shares on Xetra at an average price of 30.4022 euros each, spending roughly 7.63 million euros in total, its daily trades disclosure showed.
Deutsche Telekom is moving ahead with a buyback programme that could reach 2 billion euros by 2026. Most of those shares are slated for cancellation, though a chunk will cover compensation and employee schemes. The company also noted it wrapped up its 2025 buyback programme, which had the same 2 billion euro ceiling.
Europe’s STOXX 600 added 0.9% Friday, even as markets wrestled with a heavy flow of earnings and yet another round of AI-driven moves. “They are seeing a dislocation between software and hardware,” said Sophie Huynh, portfolio manager and strategist at BNP Paribas Asset Management, weighing in on the broader risk environment. Reuters
Telecoms saw a burst of action as Telenor shares surged. The Norwegian group beat fourth-quarter earnings forecasts and put a 15 billion crown share buyback in the pipeline.
Deutsche Telekom’s stock often takes cues from the U.S., thanks to its stake in T-Mobile US. T-Mobile dropped 2.2% on Friday—no Frankfurt-specific news, yet that move tends to drag on the German parent’s shares.
But buybacks don’t make the stock bulletproof. Should Feb. 26 deliver weak guidance, sharper pricing pressure in Germany, or investment costs that beat market estimates, shares could still slide—even with repurchases going on behind the scenes.
Monday’s session could hinge on whether buyers step in after Friday’s pullback, with attention also on any new buyback announcements that could steady the tape. Still, all eyes remain on Deutsche Telekom and its Feb. 26 earnings—still the main event.
