Verizon stock price jumps as buyback plan and 2026 outlook reset the story
Verizon shares jumped 11.2% to $44.29 after the company announced a $25 billion buyback plan and raised its quarterly dividend to $0.7075 per share. The company reported 616,000 postpaid phone net adds in Q4 and forecast 2026 adjusted EPS of $4.90–$4.95 with at least $21.5 billion in free cash flow. Verizon closed its Frontier acquisition on Jan. 20, expanding fiber access to over 30 million locations.