T-Mobile announces $14 billion share buyback program

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Citi Reiterates Buy Rating on T-Mobile US, (TMUS)

December 16, 2024 3:43 AM EST

Citi analyst Michael Rollins reiterated a Buy rating and $254.00 price target on T-Mobile US, (NASDAQ: TMUS)

The analyst comments "We expect T-Mobile to sustain solid top-line service revenue growth of around 4.5% during 4Q24 with core EBITDA growth of 10%, which we expect... More

T-Mobile (TMUS) authorizes new shareholder return program of up to an initial $14.0 billion

December 13, 2024 7:09 AM EST

T-Mobile (NASDAQ: TMUS) disclosed:


On December 13, 2024, T-Mobile US, Inc., a Delaware corporation (the Company), announced that its Board of Directors (the Board) has authorized a new shareholder return program of up to an initial $14.0 billion that will run through December 31, 2025 (the 2025 Shareholder Return Program).


The 2025 Shareholder Return Program is expected to consist of additional repurchases of shares of the Companys common stock, par value $0.00001 per share, and payment of cash dividends. The amount available under the 2025 Shareholder Return Program for share repurchases will be reduced by the amount of any cash... More