AT&T $T (-0,14%) announces a multi-year strategy focused on 5G and fiber expansion, alongside a $10B share repurchase authorization. For 2024, the company expects adjusted EPS of $2.20โ$2.25 (up from a previous lower range), free cash flow between $17Bโ$18B, and capital expenditures at the high end of $21Bโ$22B.
Looking ahead, AT&T anticipates $16B+ in free cash flow for 2025 and plans to return $40B to shareholders through dividends and share repurchases by 2027, supported by continued investment in network upgrades and operational efficiencies. Full details will be discussed at its Analyst & Investor Day presentation.