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[BUSINESS] · Italy · 4 sources

Telecom Italia TIM completes €12.1 million share repurchase in July 2026

Telecom Italia TIM announced that between 13 and 17 July 2026 it bought back 1,529,562 of its own ordinary shares at a volume‑weighted average price of €7.9176 per share, amounting to €12.11 million. This transaction is part of the first tranche of the company’s buyback programme approved by shareholders on 15 April 2026, which allows the repurchase of up to 70 million shares for a maximum of €400 million.

Since the start of the tranche, TIM has repurchased a total of 10,652,174 shares, representing roughly 0.5 % of its capital for about €83.2 million. Including shares already held, the total of treasury shares rose to 14,670,875, or approximately 0.69 % of capital, after the 1‑for‑10 share consolidation performed on 15 June 2026.