T-Mobile authorizes new shareholder return program of up to $14.6B

T-Mobile (TMUS) US announced that its board of directors has authorized a new shareholder return program of up to $14.6B that will run through December 31, 2026. The 2026 Shareholder Return Program is expected to consist of additional repurchases of shares of the company’s common stock, and payment of cash dividends. “The amount available under the 2026 Shareholder Return Program for share repurchases will be reduced by the amount of any cash dividends declared and paid by the Company, including the Company’s Q1 2026 cash dividend announced on December 4, 2025 of $1.02 per share of Company common stock payable on March 12, 2026 to stockholders of record as of the close of business on February 27, 2026. For the avoidance of doubt, the 2026 Shareholder Return Program is in addition to the Company’s $14.0 billion shareholder return program announced in December 2024 that runs through December 31, 2025, and any remaining unused amount under the 2025 Shareholder Return Program shall be added to the 2026 Shareholder Return Program,” the company stated.