Home Finance T-Mobile US to return $19 billion to investors and pay first-ever dividend

T-Mobile US to return $19 billion to investors and pay first-ever dividend

by CoinNews

Shares of T-Mobile US Inc. took a hit Wednesday, even after the Washington-based wireless-communications company said it approved a $19 billion shareholder-return program to run through 2024 that includes both stock buybacks and dividends.

The new program includes the payment of a first-ever dividend starting in the fourth quarter, as well as stock repurchases.

“For…

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