---
schema_version: "secwatch.filing_event.v1"
accession: "0001703056-24-000013"
form_type: "8-K"
ticker: "ADT"
cik: "0001703056"
company_name: "ADT Inc."
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T19:19:23.950462+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ADT exits residential solar business, raises dividend 57%, authorizes $350M buyback

## Summary
- Board approved full exit from solar business; solar segment had $89M Adjusted EBITDA loss in first 9 months of 2023.
- Quarterly dividend increased 57% to $0.055/share; payable April 4 to holders of record March 14.
- Board authorized $350M share repurchase program through late January 2025.
- Repaid $500M of First Lien Senior Secured Notes due 2024; total debt reduced ~$2B in 2023.
- Closed bulk purchase of ~57,000 customer accounts for $89M cash in December 2023.

## SEC filing metadata
- accession: 0001703056-24-000013
- form_type: 8-K
- ticker: ADT
- cik: 0001703056
- company_name: ADT Inc.
- filed_at: 2024-01-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.05, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703056/000170305624000013/0001703056-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703056/000170305624000013/adt-20240119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001703056-24-000013
- JSON: https://secwatch.observer/filing/0001703056-24-000013.json
- Plain text: https://secwatch.observer/filing/0001703056-24-000013.txt

## Key facts
- Restructurings & Charges
  ADT Inc. announced a restructuring affecting residential solar business.
  - Type: restructuring
  - Affected area: residential solar business
  source text: On January 19, 2024, the Company’s board of directors (the “Board of Directors”) approved a plan to fully exit the residential solar business
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703056/000170305624000013/0001703056-24-000013-index.htm

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