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Image source: The Motley Fool. Verizon Communications (NYSE: VZ) Q4 2024 Earnings Call Jan 24, 2025, 8:30 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
In this month of high-profile elections, Verizon's news had to do with a shareholder vote. Verizon's shares closed the trading session nearly 2% in response, providing a positive contrast to the ...
See the 10 stocks » Continued improvement where it matters most Verizon had a solid year in 2024. The company's total revenue nudged up 0.6% to $134.8 billion thanks to a 3.1% uptick in wireless ...
Verizon Communications Inc. (/ v ə ˈ r aɪ z ən / və-RY-zən), is an American telecommunications company headquartered in New York City. [3] It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 146 million subscribers as of December 31, 2024.
Verizon was able to divest their access lines in a tax-free manner. [4] Lockheed Martin divested a portion of its IS&GS business to Leidos in a $5 billion transaction in early 2016. The transaction included a $1.8 billion one-time special cash payment to Lockheed Martin. Lockheed Martin shareholders received 50.5% equity in Leidos. [5]
[9] [15] On June 8, 2018, Verizon announced that Vestberg would succeed Lowell McAdam as the company's chief executive officer on August 1, 2018. [16] In 2021, Verizon and Vestberg were criticized by with a group of retired shareholders called the Association of BellTel Retirees for Vestberg's $39.4 million golden parachute executive ...
Verizon Communications enhanced shareholders’ returns by announcing a 2% increase in its quarterly dividend payout. The company’s board of directors approved a quarterly dividend of $0.6275 ...
Verition was a sizable owner of AOL stock in 2015 when it was acquired by Verizon for $4.4 billion, or $50 per share. Verition questioned the price in the Delaware Court of Chancery arguing AOL had sold itself too cheaply and thus had deprived shareholders of a bigger payoff. Finance experts were hired by Verizon and Verition to evaluate AOL's ...