https://www.investors.com/news/technology/att-stock-buyback-investor-day-verizon-stock/
12 replies (most recent on top)
Stock buy back is not a strategy for T. We have billions of more outstanding shares than VZ. Paying down debt, buying back shares and making positive changes internally should be an ongoing process for the next decade. Will it happen, probably not.
When you cut employee cost, you are getting rid of workers you no longer need.
Omg stop. Literally no one wants this company. Stop dreaming.
Nothing new. Board has already approved 200M in buybacks in 2024 alone. Still 7.2B outstanding shares. This won’t move the needle much if any unless they approve billions to be repurchased.
Oh no, I saw the word "debt" and wet my pants.
What debt?
I would think that they would prioritize paying down debt.
I thought Stink/Desroaches recently said they were not going to do a stock buy back.
Well, at least SOMEONE will buy it….
Because C-Suite wants all their eggs and yours, too. They will then be redistributed amongst the highest levels as restricted stock which is eligible for dividends. Stealth compensation.
WOW, and guess who stands to gain the most from a stock buyback. THE STANK.
He will cut your jobs and use the excess funds to buyback stock and further line his pockets on his way out.