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Story summary
- Telecom Italia SpA proposed up to €400 million in a stock buyback and a 1-for-10 reverse stock split.
- The package aims to bolster the company's equity after asset sales and is contingent on Sparkle's sale later this year.
- Telecom Italia SpA reported 2025 EBITDA of €3.7 billion and revenue of €13.73 billion, a 6.5% EBITDA rise.
- Telecom Italia SpA targets 2-3% revenue growth in 2026 and further net debt reduction.
