secwatch.observer — SEC 8-K summary
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Issuer:     AT&T INC. (T)
CIK:        0000732717
Form:       8-K
Filed at:   2024-12-03T23:59:59+00:00
Accession:  0000732717-24-000062
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AT&T unveils strategic plan: fiber to 50M+ locations, $10B buyback, $40B+ returns
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- Targets 50M+ fiber locations; long-term guidance for sustained growth in service revenue, EBITDA, FCF, and adjusted EPS.
- Expects $40B+ shareholder returns over three years via dividends and share repurchases; initial $10B buyback authorization expected by end of 2026.
- Beginning Q1 2025, will recast adjusted diluted EPS and FCF to exclude DIRECTV results and cash flows, reflecting planned sale to TPG.
- Supplemental non-GAAP reconciliations show recast quarterly FCF and adjusted EPS figures from 2023 through Q3 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/732717/000073271724000062/0000732717-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/732717/000073271724000062/t-20241203.htm
  HTML page:      https://secwatch.observer/filing/0000732717-24-000062

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer