Verizon says changes to its cost structure will fund investments, lower net unsecured debt/Adjusted EBITDA…
Filed with the SEC on · Summarized by InvestorsBot
Verizon says changes to its cost structure will fund investments, lower net unsecured debt/Adjusted EBITDA and enable returning ~ $55B to shareholders through end of 2028. $VZ 📈 #CapitalReturn #Telecom
Board declared quarterly dividend of $0.7075/share payable May 1, 2026; record date Apr 10, 2026 — annualized increase $0.07 (2.5%). $VZ 💵 #Dividends #IncomeInvesting
Board authorized up to $25B share repurchase program; expects to repurchase at least $3B in 2026. Repurchases may be open‑market, private or via 10b5‑1/10b‑18; program can be suspended. $VZ 🔁 #Buybacks #CapitalAllocation