Verizon Communications IncVZ
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Plans to redeem $1.25b notes, highlighting balance sheet strength and capital management.
Impact on stocks 1
Cloud & Digital Infrastructure
Verizon Communications IncVerizon Communications plans to redeem $1.25 billion of 4.329% notes due 2028 next month. The move highlights the company's balance sheet and capital structure. Verizon shares have returned 22.04% year to date and 18.87% over one year at a price of $49.45. Analysts' average target is slightly above the current price, while some intrinsic value estimates are far higher.
Verizon Communications IncPlans to redeem $1.25b notes, highlighting balance sheet strength and capital management.