8-K filed Jan 30, 2026
Verizon authorizes $25B for stock buybacks
“Also on January 30, 2026, the Board of Directors of the Company authorized a share repurchase program for up to $25 billion of our common stock.”
From Verizon’s 8-K filed Jan 30, 2026 · read the filing · all documents
How big is it?
Verizon bought back $3.5B of stock in the twelve months to Jun 30, 2026. At that pace, $25.0B covers about 7.1 years of buybacks.
The amount equals 114% of its free cash flow over the same twelve months ($21.8B).
Its diluted share count is down 1.3% from a year earlier.
An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.
Show as table
| Period | Value |
|---|---|
| Q3 '14 | $0 |
| Q4 '14 | $0 |
| Q1 '15 | $5B |
| Q2 '15 | $74M |
| Q3 '15 | $60M |
| Q4 '15 | $0 |
| Q1 '25 | $0 |
| Q2 '25 | $0 |
| Q3 '25 | $0 |
| Q4 '25 | $0 |
| Q1 '26 | $2.5B |
| Q2 '26 | $1B |