April 19 (Bloomberg) -- Telefonica Czech Republic AS shareholders approved a dividend payout of 40 koruna ($2.1) a share, of which 13 koruna represents a share-capital reduction, company spokesman Hany Farghali said in an e-mail today.
The shareholders also approved today a potential share buyback of as much as 10 percent of the company’s shares, Farghali said.
Prague-based Telefonica Czech, the country largest phone operator, is controlled by Spain’s Telefonica SA.
To contact the reporter on this story: Lenka Ponikelska in Prague at email@example.com
To contact the editor responsible for this story: James M. Gomez at firstname.lastname@example.org