T-Mobile announced $1.5 billion stock buyback plan

T-Mobile announced $1.5 billion stock buyback plan

6 years ago
Anonymous $1bh8zaeyQS

https://www.cnbc.com/2017/12/06/t-mobile-announced-1-point-5-billion-stock-buyback-plan.html

T-Mobile announced a $1.5 billion stuck buyback program on Wednesday morning.

"Since launching Un-carrier, T-Mobile has delivered unmatched growth and continues to take share in a rapidly changing and competitive wireless industry. This repurchase program underscores our Board of Directors' and management team's confidence in our business and our commitment to creating value for shareholders," said John Legere President and CEO of T-Mobile. "Our strong balance sheet and cash flow generation give us the ability to return capital while continuing to make significant investments in our network and operations. 2018 is going to be another exciting year in wireless and we can't wait to get started."