This Telecom Giant Will Return Over $45 Billion To Shareholders Between 2026 And 2028, Announces Strong Q4 Earnings
Synopsis
The move comes after the company reported strong fourth-quarter earnings driven by growth in its 5G and fiber broadband businesses.
AT&T Inc. (T) announced on Wednesday that it plans to give back more than $45 billion to shareholders between 2026 and 2028 through dividends and stock buybacks.
The move comes after the company reported strong fourth-quarter (Q4) earnings driven by growth in its 5G and fiber broadband businesses as more customers embraced bundled connectivity.
Shareholder Returns Plan
AT&T expects to keep its yearly dividend at $1.11 per share and plans to buy back billions of dollars in shares, starting with about $8 billion in 2026.
In Q4, the company reported $33.5 billion in revenue and an earnings per share (EPS) of $0.53. Both the figures exceeded the analysts’ consensus estimate of $32.91 billion and $0.47, respectively, according to Fiscal AI data.
Following the earnings, AT&T stock traded over 3% higher in Wednesday’s premarket.
Get updates to this developing story directly on Stocktwits.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.