T-Mobile $TMUS (+0.07%)
$DTE (-0.8%) announced that the Board of Directors has approved a new shareholder compensation program of up to USD 14.6 billion, which will run until December 31, 2026.
The program includes additional repurchases of the company's common stock and the payment of cash dividends, the company announced in a press release and SEC filing.
The amount available for share repurchases under the 2026 Program will be reduced by the value of any cash dividends declared and paid.
This includes the previously announced first quarter 2026 dividend of USD 1.02 per share, which is scheduled to be paid on March 12, 2026 to shareholders of record on February 27, 2026.
T-Mobile stated that the new program is in addition to the existing USD 14.0 billion shareholder return program announced in December 2024, which runs through December 31, 2025.
Any unused funds from the 2025 program will be added to the 2026 program.
The buy-backs and dividends are to be financed from available cash and from the proceeds of potential bond issues or other borrowings.
The company pointed out that the timing and amount of share buybacks and dividend payments will depend on market conditions, prevailing share prices, company performance and other factors.
