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AT&T SEES EARNINGS GROWTH OVER NEXT 3 YEARS; EYES MORE THAN $40B IN ANTICIPATED SHAREHOLDER RETURNS
AppleMagazine
|December 06, 2024
AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber services.
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The company also announced this week that it expects its improved financial performance to support more than $40 billion of anticipated shareholder returns through dividends and stock buybacks over the same time. This includes an initial $10 billion stock repurchase that it expects to complete by the end of 2026.
“Over the last four years, we’ve achieved durable and profitable subscriber growth, generated attractive returns on network investment, and strengthened our balance sheet,” AT&T CEO John Stankey said in a statement.
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