Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

AT&T Declares Dividend, Announces New 300 Mln Share Repurchase Authorization

RELATED NEWS
Trade T now with 

AT&T Inc. (T: Quote) on Friday declared a quarterly dividend of $0.45 a share, payable on May 1 to shareholders of record on April 10.

The company also said its board of directors has authorized the repurchase of up to 300 million shares, representing about 5.5% of AT&T common shares outstanding, with no expiration date.

The authorization is in addition to two other 300 million share repurchase authorizations approved by the board of directors in December 2010 and July 2012. The company completed repurchases under the December 2010 share authorization last year.

Under the July 2012 300 million share authorization, AT&T said, it has repurchased about 239 million of its shares through March 28, 2013. Since the company began buying back shares in 2012, AT&T has repurchased 539 million of its shares, or about 9% of shares outstanding.

Click here to receive FREE breaking news email alerts for AT&T Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Bank of England policymakers decided to leave its key rate at a historic low of 0.50 percent in a split vote for the third straight time at the meeting held early this month as a majority of members noticed increased risks from slowing global economy, especially in euro area. Ian McCafferty and Martin Weale sought a quarter point hike in the bank rate, to 0.75 percent. European Central Bank Governing Council member Luc Coene said the central bank could expand its stimulus measures to purchasing instruments other than covered bonds and asset-backed securities, but there is no concrete proposal on corporate bonds, currently. In an interview published in Belgian dailies... Denis Mukwege, a doctor from the Democratic Republic of Congo, has won this year's Sakharov Prize for Freedom of Thought for helping thousands of gang rape victims in the country. The award was instituted by the European Parliament, and the laureate for 2014 was selected by EP President Martin Schulz and the political group leaders. Announcing Europe's top human rights prize Tuesday, Schulz said
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.