AT&T Outlines Strategy Pledging Over $40B in Buybacks, Dividends
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AT&T has announced a strategic plan to return over $40 billion to shareholders through dividends and buybacks over the next three years, with a forecast of more than $18 billion in free cash flow by 2027.
December 03, 2024 | 3:00 pm
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POSITIVE IMPACT
AT&T plans to return over $40 billion to shareholders through dividends and buybacks in the next three years, with a forecast of $18 billion in free cash flow by 2027.
The announcement of significant shareholder returns through dividends and buybacks is likely to positively impact AT&T's stock price in the short term. This strategy indicates strong financial health and commitment to shareholder value, which typically boosts investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100