China Telecom (HKSE:00728) Net Issuance of Preferred Stock : HK$0 Mil (TTM As of Mar. 2024)

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What is China Telecom Net Issuance of Preferred Stock?

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares.

China Telecom's net issuance of preferred for the three months ended in Mar. 2024 was HK$0 Mil. The number is 0, which means that China Telecom has paid equal amouunt of cash to buy back preferred shares to the amount it received for issuing preferred shares quarterly.

China Telecom's net issuance of preferred for the trailing twelve months (TTM) ended in Mar. 2024 was HK$0 Mil.

China Telecom Net Issuance of Preferred Stock Historical Data

The historical data trend for China Telecom's Net Issuance of Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Telecom Net Issuance of Preferred Stock Chart

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Net Issuance of Preferred Stock

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China Telecom Quarterly Data
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China Telecom Net Issuance of Preferred Stock Calculation

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Net Issuance of Preferred Stock for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0 Mil.

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China Telecom (HKSE:00728) Business Description

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ZCH:Germany 601728:China

Address

31 Jinrong Street, Xicheng District, Beijing, CHN, 100033

Website

https://www.chinatelecom-h.com

China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 102 million fixed-line subscribers, 189 million broadband customers, and 406 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with a plan to have 560,000 cabinets by end 2023.

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