The American mobile operator AT&T has presented a plan for dividends and share buybacks – another form of dividend – of over 40 billion dollars (equivalent to 440 billion kronor) over three years.
The dividend party is launched together with a forecast of sustained profit growth during the period following a period of investments in mobile phone networks and networks.
According to AT&T, they will also complete the planned sale of the pay-TV service Directv during the first half of 2025.
The goal is to bring down AT&T's net debt to 2.5 times the adjusted annual profit by the first half of 2025 and then maintain it there.
The capital investments during the three-year period are estimated to be 22 billion dollars per year.
