OLI recorded this information on 3/31/2014
Share Amount Authorized:
The board of directors of AT&T Inc. (NYSE:T) has authorized the repurchase of up to 300 million shares, representing approximately 6 percent of AT&T common shares outstanding, with no expiration date. This authorization is in addition to three other 300 million share repurchase authorizations approved by the board of directors in December 2010, July 2012 and March 2013. The company completed repurchases under the 2012 share authorization last year.
AT&T is a holding company. Through its subsidiaries, Co. is a provider of telecommunications, media and technology services. Co.'s Communications segment provides wireless and wireline telecom, video and broadband services. Co.'s WarnerMedia segment is comprised of media and entertainment businesses that develop, produce and distribute feature films, television content, and other content; operate cable networks, premium pay television and subscription video on demand services; and operate digital media properties. Co.'s Latin America segment provides entertainment services in Latin America and wireless services in Mexico.
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Hold (2.08 out of 4)