Verizon Communications to buy back up to $25B of shares

Verizon Communications (VZ) (VZ:CA) on Friday announced an up to $25B share repurchase program.

Shares were +5.25% pre-market to $41.90.

Shares of common stock may be repurchased in privately negotiated transactions, on the open market, or otherwise.

The company expects to buy back at least $3B of shares in 2026.

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