Understanding Verizon Share Buyback and Its Impact

Verizon's share buyback program has been a significant factor in the company's stock performance. In 2020, Verizon announced a $4 billion share buyback plan to return value to its shareholders.

This move was part of a larger effort to boost investor confidence and reward loyal shareholders. By repurchasing shares, Verizon aimed to increase the value of its remaining shares.

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Verizon's Board of Directors has authorized the corporation to repurchase up to 100 million shares of its common stock.

Approximately 2.9 billion shares of Verizon common stock are outstanding.

Verizon's senior officers have the option to repurchase shares for the corporation over time, with the amount and timing of repurchases depending on market conditions and corporate needs.

The company may also, from time to time, enter into a Rule 10b5-1 plan to facilitate repurchases of its shares under this authorization.

A Rule 10b5-1 plan permits the company to repurchase shares at times when it might otherwise be prevented from doing so, provided the plan is adopted when the company is not aware of material non-public information.

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The authorization to repurchase shares terminates when the aggregate number of shares repurchased reaches 100 million or at the close of business on Feb. 28, 2010, whichever is earlier.

The previous authorization to repurchase shares was due to end Feb. 28, 2008, but approval remained to purchase approximately 43 million shares.

The previous program to repurchase up to 100 million shares was not used in full, with approximately 43 million shares remaining to be purchased.

The board also determined that no additional shares may be acquired under a previously approved program to repurchase up to 100 million shares.

The previous program to repurchase up to 80 million shares was due to end Feb. 28, 2006, but approval remained to purchase approximately 62.6 million shares.

The company's Board of Directors has authorized the corporation to repurchase up to 100 million shares of its common stock on two separate occasions.

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Verizon has a history of authorizing stock buybacks, with the most recent announcement allowing for the repurchase of up to 100 million shares.

The company's Board of Directors has approved this authorization, giving senior officers the option to repurchase shares over time based on market conditions and corporate needs.

Verizon's senior officers will decide when and how many shares to repurchase, with the goal of reducing the number of outstanding shares.

The authorization to repurchase shares will terminate when 100 million shares have been repurchased or on February 28, 2010, whichever is earlier.

In the past, Verizon has also had programs to repurchase shares, such as the one announced in 2006, which allowed for the repurchase of up to 80 million shares.

Under this previous program, Verizon had approval to purchase approximately 62.6 million shares before it ended on February 28, 2006.

The company may also enter into a Rule 10b5-1 plan to facilitate repurchases of its shares, which would permit Verizon to repurchase shares at times when it might otherwise be prevented from doing so.

A substantial majority of Verizon shareholders have approved the $130 billion buyback of Verizon Wireless, a deal that will provide Verizon with greater financial flexibility to invest in new technologies.

This deal will give Verizon the ability to make a push to further its wireless operations, and the company expects to finalize the deal next month.

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Verizon's $130 billion buyback plan has been approved by a substantial majority of its shareholders, giving the company the green light to move forward with the deal.

This massive buyback will provide Verizon with greater financial flexibility to invest in new technologies, according to the company's CEO.

The deal is expected to be finalized next month, pending approval from the High Court of England and Wales.

Verizon's improving free cash flow and leverage ratio make its dividend payout a safe and secure investment.

The company's low valuation is driving the dividend yield, making it an attractive option for investors.

Verizon's improving financial situation could soon put it in the position to start repurchasing its own stock, making it an even more appealing investment.

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Verizon Communications has authorized the repurchase of up to 100 million shares of its common stock.

The company's Board of Directors made this decision, giving senior officers the option to repurchase shares over time based on market conditions and corporate needs.

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Approximately 2.9 billion shares of Verizon common stock are currently outstanding.

Verizon's senior officers may also enter into a Rule 10b5-1 plan to facilitate repurchases of the company's shares.

The authorization to repurchase shares terminates when the aggregate number of shares repurchased reaches 100 million or at the close of business on February 28, 2010, whichever is earlier.

In some cases, Verizon's previous repurchase programs have had remaining shares that could still be purchased.

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