FTE Archives - St. James Investment Company

Orange SA (ORAN)

June 22, 2014

We recently closed our investment in Orange (formerly known as France Telecom) with an average selling price of $17 per ADR. We initiated our position in April 2012 but made several additional purchases on price weakness to create an average cost basis of $10.50. Additionally, we collected a very generous $3.10 in dividend distributions during the time we … Read more

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