T-Mobile (TMUS) Enters $1.5B Stock Buyback Plan

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T-Mobile Announces $1.5 Billion Stock Repurchase Program

December 6, 2017 8:00 AM EST

BELLEVUE, Wash.--(BUSINESS WIRE)-- T-Mobile US, Inc. (NASDAQ: TMUS) today announced that its Board of Directors authorized a stock repurchase program for up to $1.5 billion of T-Mobiles common stock through December 31, 2018.

Since launching Un-carrier, T-Mobile has delivered unmatched growth and continues to take share in a rapidly changing and competitive wireless industry. This repurchase program underscores our Board of Directors' and management teams confidence in our business and our commitment to creating value for shareholders, said John Legere President and CEO of T-Mobile. Our strong balance sheet and cash flow... More