David Novak
At such time, Mr. Novak will vacate his current position on Comcast’s Board of Directors.
Highest-materiality recent filing
Comcast upsizes debt tender offer to $4.14B, accepts $4.105B of notes across 10 series
Aggregate consideration increased from $3.75B to $4.14B for cash tender offers on 13 series of senior notes.
Comcast announces pricing for cash tender offers up to $3.75B for 13 series of senior notes
Aggregate consideration capped at $3.75B; offers expire June 2, 2026.
Comcast commences $3.75B cash tender offer for 13 series of senior notes due 2027-2030
Offers to purchase any and all of 11 Comcast Corp notes and 2 Comcast Cable notes; aggregate cap $3.75B.
Comcast Q1 net income down 35.6% to $2.174B; broadband losses improve, wireless lines hit record
Revenue $31.46B (+5.3% YoY); EPS $0.60 (-32.6%); Adjusted EPS $0.79 (-27.5%)
Comcast updates segment reporting, provides pro forma data reflecting Versant separation
Versant Media Group separated from Comcast on Jan 2, 2026, becoming independent public company (VSNT on Nasdaq).
Comcast appoints director Gordon Smith to Audit Committee
Gordon Smith appointed to Comcast Audit Committee on February 25, 2026.
Comcast Q4 Adj EPS $0.84, revenue +1.2%; broadband losses 181K, media swings to loss
Q4 Adj EPS $0.84 (-12% YoY); GAAP EPS $0.60 (-52%) on $1.9B prior-year tax benefit.
Comcast completes spin-off of Versant Media Group (VSNT) effective Jan 2, 2026
Spin-off of Versant effective Jan 2, 2026; shares trade on Nasdaq under VSNT starting Jan 5.
Comcast names Michael Cavanagh Co-CEO effective Jan 2, 2026 with new employment contract
Cavanagh's Co-CEO role starts Jan 2, 2026; agreement runs through Jan 1, 2029.
Comcast to redeem $2.75B in notes; 3.15% 2026 and 5.35% 2027 notes called for Jan 15, 2026
Comcast will redeem all outstanding 3.15% Notes due March 1, 2026 for ~$2.1B plus accrued interest.
Comcast issues Class A Equivalent Preferred Stock in connection with planned SpinCo spin-off
Filed restated articles eliminating references to Series A Preferred (no outstanding shares) and integrating prior amendment.
Comcast Board approves spin-off of cable networks into Versant Media Group; distribution ratio 1:25
Board approved separation of cable TV networks and digital platforms into Versant Media Group via pro rata distribution.
Comcast Q3 revenue down 2.7% to $31.2B; adjusted EPS flat at $1.12; free cash flow up 45% to $4.9B
Revenue $31,198M (-2.7%), net income $3,332M (-8.2%), adj. EBITDA $9,669M (-0.7%).
Comcast completes exchange offers, issues $480M in new 5.168% notes due 2037
Exchanged up to $1B of Pool 2 Notes (4.150% due 2028, 4.550% due 2029) for new notes; $480M aggregate principal issued.
Exchange offers: $375.5M of 4.150% Notes due 2028 and $99.7M of 4.550% Notes due 2029 tendered and accepted.
Comcast tenders $486M of 4.150% 2028 and 4.550% 2029 notes; to issue ~$491M of new 5.168% 2037 notes
Exchange offers: $384.7M of 4.150% Notes due 2028 and $101.3M of 4.550% Notes due 2029 validly tendered.
Comcast issues $692M of 5.168% Notes due 2037 in exchange and cash offers for existing notes
Issued $691,967,000 aggregate principal of new 5.168% Notes due January 15, 2037.
Comcast completes Pool 1 debt exchange and cash offers: ~$692M in new 5.168% Notes due 2037
Exchanged ~$690M of five series of notes (e.g., $79.7M of 5.350% Notes due 2027) for New 2037 Notes at 5.168%.
Pool 1 exchange: expects to issue ~$714M of new 5.168% Notes due 2037 for all validly tendered notes.
Comcast appoints Michael Cavanagh as Co-CEO and board member, effective Jan 2026
Michael J. Cavanagh named Co-CEO alongside Chairman and Co-CEO Brian L. Roberts, effective January 2026.
Comcast prices debt exchange, cash tender for up to $9.9B; new notes 5.168% (2037) and 5.218% (2038)
Offers expire 5pm ET today (Sept 26); settlement expected Oct 2, 2025.
Comcast launches debt exchange and tender offers for up to $9.9B of notes
Exchange offers for Pool 1 (5 series) for New 2037 Notes (cap $1.75B) and Pool 2 (2 series) for New 2038 Notes (cap $2.0B).
Comcast to redeem $2.474B in 3.950% Notes due 2025 on Sept 22
Redemption of all outstanding 3.950% Notes due October 15, 2025.
Comcast Q2 2025: Adjusted EPS +3.3% to $1.25, free cash flow $4.5B, wireless adds record 378k
Revenue $30.3B (+2.1% YoY); Adjusted EPS $1.25; Net income $11.1B includes $9.4B Hulu sale gain.
Comcast shareholders approve ESPP share increase; all directors elected at annual meeting
ESPP share authorization increased to 34.2M shares from 24.2M; approved by 368.7M votes.
Comcast issues $2.5B in three tranches of senior notes due 2032, 2035, 2055
Issued $650M of 4.950% notes due 2032, $850M of 5.300% notes due 2035, and $1B of 6.050% notes due 2055.
Comcast to redeem $1.5B of 3.375% Notes due August 2025 on June 5, 2025
Comcast will redeem all $1.5B aggregate principal of its 3.375% Notes due August 15, 2025.
Comcast Q1 2025: revenue flat at $29.9B, adjusted EPS up 4.5% to $1.09, free cash flow $5.4B
Revenue $29.887B vs $30.058B YoY (-0.6%); net income $3.375B vs $3.857B (-12.5%).
Comcast names David Novak non-executive Chairman of SpinCo board
David Novak, former YUM! Brands CEO, will chair SpinCo upon spin-off completion expected by end of 2025.
Comcast reports record full-year revenue, EBITDA and EPS; raises dividend 6.5% and adds $15B buyback
Fiscal 2024 record revenue $123.7B (+1.8%), adj. EBITDA $38.1B (+1.2%), free cash flow $12.5B.
Comcast Q3 adj. EPS $1.12 (+3.3%); revenue $32.1B (+6.5%)
Net income $3.6B (-10.3%); adjusted EBITDA $9.7B (-2.3%); free cash flow $3.4B.
Comcast issues €1.8B in euro notes and £750M sterling notes due 2032-2040
Issued €900M of 3.250% Notes due 2032 and €900M of 3.550% Notes due 2036.
Comcast to redeem all $750M 5.250% Notes due 2025 on Oct 23
Comcast notified trustee it will redeem $750M of 5.250% Notes due 2025.
Comcast Q2 adjusted EPS up 7% to $1.21; Connectivity margin hits record 41.9%
Revenue $29.7B (-2.7% YoY), net income $3.93B (-7.5%), adjusted EPS $1.21 (+7.0%).
Comcast shareholders re-elect all 10 directors and approve say-on-pay at 2024 annual meeting
All director nominees elected; Brian L. Roberts received 352.9M votes for, 14.9M withheld.
Comcast issues $3.25B in notes across 2029, 2034, and 2054 maturities
Issued $750M 5.100% Notes due 2029, $1.3B 5.300% Notes due 2034, and $1.2B 5.650% Notes due 2054.
Comcast enters new $11.8B unsecured revolver replacing $11B prior facility
New $11.8B revolving credit facility expires May 17, 2029; can be increased to $14.8B and extended to 2031.
Comcast Q1 Adjusted EPS $1.04 (+13.9% YoY), FCF $4.5B (+19.4%)
Revenue $30.1B (+1.2% YoY); Net Income $3.86B (+0.6%); Adjusted EPS beat at $1.04 vs $0.92.
Comcast appoints former Hallmark Media CEO Wonya Lucas to board
Wonya Y. Lucas appointed as director effective April 15, 2024.
At such time, Mr. Novak will vacate his current position on Comcast’s Board of Directors.
On April 15, 2024, Wonya Y. Lucas was appointed as a director of Comcast Corporation (the “Company”).
Max materiality 0.85 · Median 0.55 · Most common event debt