Verizon stock jumps nearly 10% as $25B buyback and 2026 outlook lift shares
Verizon shares rose 9.7% to $43.66 after the company raised its 2026 outlook and announced a $25 billion share buyback program. Verizon reported 616,000 postpaid phone net additions in Q4 and boosted its quarterly dividend to 70.75 cents per share. The company expects free cash flow of at least $21.5 billion in 2026.