T-Mobile to Pursue "Significant" Share Repurchase Plan

Un-carrier T-Mobile (NASDAQ: TMUS) participated in the Morgan Stanley European Technology, Media, and Telecom Conference this morning, and CFO Braxton Carter had an exciting announcement: T-Mobile is looking at a potential share repurchase plan. Investors appear optimistic about the news, sending the stock up 5% as of this writing.

This comes after the company and Sprint jointly announced earlier this month that they had ended merger discussions after they were "unable to find mutually agreeable terms." With the megamerger off the table, T-Mobile is now focusing on its own capital structure.

Carter is the executive with the magenta cowboy hat. Image source: T-Mobile.

Source: Fool.com

T-Mobile US Inc. Aktie

Leicht aufwärts geht es heute für die T-Mobile US Inc. Aktie. Seit gestern notiert das Papier um 0,96 % höher.
Mit 40 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung ist T-Mobile US Inc. einer der Lieblinge unserere Community.
Mit einem aktuellen Kurs von 183.82 € hat T-Mobile US Inc. das von der Community vorgegebene Kursziel von 184 € getroffen.

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