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T-Mobile to Pursue "Significant" Share Repurchase Plan

TheMotleyFool 
0 0 16.11.17
T-Mobile to Pursue "Significant" Share Repurchase PlanPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7835e381-fcae-4834-ba93-4708292dc055.png
 
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.

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Source: Fool.com

T-Mobile US Inc. Stock

€153.50
-1.720%
A loss of -1.720% shows a downward development for T-Mobile US Inc..
The stock is an absolute favorite of our community with 60 Buy predictions and no Sell predictions.
With a target price of 222 € there is a positive potential of 44.63% for T-Mobile US Inc. compared to the current price of 153.5 €.
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