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Verizon Communications Inc. Buyback

OLI recorded this information on 3/3/2017

Company: Verizon Communications Inc.
Buyback: VZ buyback
Share Amount Authorized: 100,000,000
Buyback Details: Also today, Verizon's Board authorized the corporation to repurchase up to 100 million shares of its common stock. Verizon's previous program, which expired on Feb. 28, 2017, also had authorized the repurchase of 100 million shares. Under the prior authorization, 2.8 million shares were repurchased. The new program will terminate when the aggregate number of shares purchased reaches 100 million, or at the close of business on Feb. 28, 2020, whichever is sooner.

Verizon Communications is a holding company. Through its subsidiaries, Co. provides communications, technology, information and entertainment products and services to consumers, businesses and government entities. Co.'s Verizon Consumer Group segment's wireless and wireline products and services are available to its retail customers, as well as resellers that purchase wireless network access from it on a wholesale basis. Co.'s Verizon Business Group segment's wireless and wireline products and services are organized by the primary customer groups targeted by these offerings: Small and Medium Business, Global Enterprise, Public Sector and Other, and Wholesale.

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Company Name:  Verizon Communications Inc
Stock buyback:  VZ buyback
Website:  www.verizon.com
Sector:  Communications Services
Number of ETFs Holding VZ:  128
Total Market Value Held by ETFs:  $21.52B
Total Market Capitalization:  $3.56B
% of Market Cap. Held by ETFs:  604.09%
 

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March 28, 2024    7:49 AM Eastern
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Buy (2.78 out of 4)
16th percentile
(ranked lower than approx. 84% of all stocks covered)

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