AT&T Inc. announced on Tuesday that it authorized a $10 billion common stock repurchase scheme, which it expects to conclude by the end of 2026. The company also envisions another $10 billion of share buybacks in 2027.
In its 2024 outlook, AT&T said it forecasts wireless service revenue growth in the 3% range, broadband revenue growth of at least 7%, adjusted earnings per share (EPS) of $2.20 to $2.25, free cash flow between $17 billion and $18 billion and capital investment of $21 billion to $22 billion. For 2025, the company expects adjusted EPS of $1.97 to $2.07 and free cash flow of over $16 billion.
