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AT&T Shares Climb as Reduced Stock Price Extends Buyback Impact

AT&T Shares Climb as Reduced Stock Price Extends Buyback Impact

NEW YORK, August 3, 2026, 13:20 EDT — AT&T shares rose, with the lower price per share set to increase the potential effectiveness of the company’s ongoing buyback program.

  • AT&T Inc. was up 1.2% at $23.52 during U.S. market hours.
  • The price was 7.7% lower than AT&T’s average repurchase price in the first half.
  • Initial reporter calculations show that dividends and buybacks account for 97.8% of AT&T’s minimum projected free cash flow for 2026.

AT&T gained on Monday, but remained under the price it has been paying in its buyback program. At this price, every dollar used for repurchases removes roughly 8.4% more shares.

Stock chart for NYSE:T

By the end of June, AT&T had invested $4.435 billion to acquire about 174…

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