AT&T reaffirms Q2 and FY25 guidance; plans $10B share buyback program

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AT&T’s (NYSE:T) CFO, Pascal Desroches, will present at the 2025 Mizuho Technology Conference on Tuesday, reiterating the company’s 2025 financial guidance and detailing its growth strategy.
AT&T continues to execute on its multi-year growth plan, focusing on customer satisfaction, network expansion (including the recent Lumen fiber acquisition to reach 60 million locations by 2030), and increasing shareholder returns.
For the second-quarter 2025, the company continues to expect capital investment in the $4.5 billion to $5 billion range and free cash flow of approximately $4 billion and reiterates full-year 2025 financial and operational guidance.
AT&T also plans to repurchase at least $3 billion in shares by year-end as part of its $10 billion program.