Telecom Argentina Announces Dividend Distribution and Reserve Withdrawal

Tip Ranks
2025.11.10 14:27
portai
I'm PortAI, I can summarize articles.

Telecom Argentina (TEO) announced a partial withdrawal from its discretionary reserve and a dividend distribution plan on November 10, 2025. The company will distribute Global Bonds and cash dividends to shareholders, primarily to recover amounts paid for the Personal Assets Tax for the 2024 fiscal year. The latest analyst rating for TEO stock is a Hold with a $12.50 price target. Despite solid revenue growth, profitability challenges and a negative P/E ratio are concerns. The stock shows strong bullish momentum but caution is advised due to overbought conditions.