Verizon Board reauthorizes share repurchase plan

Date : 02/06/2020 @ 9:13PM
Source : GlobeNewswire Inc.
Stock : Verizon Communications Inc (VZ)
Quote : 53.73  -1.04 (-1.90%) @ 1:00AM
Verizon Communications share price Chart
After Hours
Last Trade
Last $ 53.08 ▼ -0.65 (-1.21%)

Verizon Board reauthorizes share repurchase plan

Verizon Communications (NYSE:VZ)
Historical Stock Chart

2 Months : From Jan 2020 to Mar 2020

Click Here for more Verizon Communications Charts.

The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today authorized the corporation to repurchase up to 100 million shares of its common stock. Verizon’s previous program, which expires on February 29, 2020, also authorized the repurchase of 100 million shares. Under the prior authorization, no shares were repurchased. The new authorization supersedes the prior authorization, and no additional shares of common stock of the corporation will be repurchased under the prior authorization. The new program will terminate upon the earlier of (i) the date on which the aggregate number of shares purchased reaches 100 million, or (ii) the authorization of another share repurchase plan that supersedes the current plan.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019.  The company offers voice, data and video services and solutions on its award winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control. 

VERIZON'S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at www.verizon.com/about/news/. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:Eric Wilkens908-559-3063eric.wilkens@verizon.com

Latest VZ Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
$
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:us D:20200401 03:07:30