---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-030578"
form_type: "8-K"
ticker: "VZ"
cik: "0000732712"
company_name: "VERIZON COMMUNICATIONS INC"
filed_at: "2026-01-30T23:59:59+00:00"
generated_at: "2026-05-16T06:11:16.979095+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Verizon unveils $55B capital return plan; raises dividend 2.5%, authorizes $25B buyback

## Summary
- Quarterly dividend raised to $0.7075 per share, a 2.5% annualized increase ($0.07 per share more than prior annual rate).
- Board authorized $25B share repurchase program; expects at least $3B in repurchases in 2026.
- Company aims to return ~$55B to stockholders via dividends and buybacks through end of 2028.
- Also targeting reduction of net unsecured debt to Adjusted EBITDA ratio as part of cost structure changes.

## SEC filing metadata
- accession: 0001193125-26-030578
- form_type: 8-K
- ticker: VZ
- cik: 0000732712
- company_name: VERIZON COMMUNICATIONS INC
- filed_at: 2026-01-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/732712/000119312526030578/0001193125-26-030578-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/732712/000119312526030578/d50964d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-030578
- JSON: https://secwatch.observer/filing/0001193125-26-030578.json
- Plain text: https://secwatch.observer/filing/0001193125-26-030578.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.