Telstra's chief could jump-start stock price with his game plan
Article Abstract:
Sol Trujillo, Telstra Corporation Ltd. of Australia is to announce strategic management plans. The remaing 51.8 percent stake (valued at $25.4 billion United States Dollars) held by the Australian government is to be privatized. It is expected there will be a large share sale late in 2006 and that the stock price will increase.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Australia aims Telstra sale at small investors
Article Abstract:
The Australian government is offering Telstra Corporation Ltd. securities for sale after much delay and infighting. The government owned telecommunications operator has $8 billion Australian Dollars ($5.94 billion) in securities for sale. This is one of the biggest stock sales of 2006.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Parmalat is cleared to proceed with suit vs. Bank of America. In Parmalat case, 11 are convicted after plea deals
- Abstracts: Nikkei rally could be the real thing. U.K. stocks show pluckiness
- Abstracts: Kraft Miracoli Pasta Meals. Gaggli Frischeier-Nudeln. Miracoli Das Original! Pasta Meal
- Abstracts: Quilters' busy hands can't quite keep up with deaths in Iraq. Global vaccine initiative hits snag; U.S. - French discord hinders plan to give drug makers incentive to focus on poor countries
- Abstracts: Smaller drug companies draw investor interest amid flu scare. Interest rates pump volatility into stocks