Monday, 10 September 2018

O2 Czech jumps as company considers one-time shareholder payment

Bloomberg |
26 August 2015

O2 Czech Republic AS's shares jumped to the highest in eight years after an official said the Prague-based phone company was considering a one-time payment to shareholders. The operator, which is 85 percent owned by Czech billionaire Petr Kellner's PPF Group NV, rallied 13% to 192 koruna by the close in Prague, the highest since Sept. 2007 when adjusted for a spinoff of some operations earlier this year.