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Comcast Increases Dividend and Share Repurchase Authorization

1. Comcast raised its dividend by $0.08 to $1.32 per share. 2. Dividend increase represents a 6.5% year-over-year growth. 3. Approved a new $15 billion share repurchase authorization. 4. Share repurchase program has no expiration date. 5. Quarterly cash dividend payable on April 23, 2025.

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FAQ

Why Bullish?

Increased dividends and a share buyback program typically signal strong financial health, potentially driving stock prices higher. Similar past actions by companies often led to positive market reactions.

How important is it?

The announcement directly impacts CMCSA's financial metrics, thus influencing investor perception significantly.

Why Short Term?

Immediate market response is likely due to the dividend announcement and buyback initiation. Historical trends indicate short-term price adjustments upon such announcements.

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Comcast Increases Dividend and Share Repurchase Authorization

  • Increased Dividend by $0.08 to $1.32 per Share on an Annualized Basis for 2025
  • Increased Share Repurchase Authorization to $15.0 Billion

PHILADELPHIA--()--Comcast Corporation (NASDAQ: CMCSA) announced today that it increased its dividend by $0.08, or 6.5% year-over-year, to $1.32 per share on an annualized basis for 2025. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of $0.33 a share on the company’s common stock, payable on April 23, 2025, to shareholders of record as of the close of business on April 2, 2025.

In addition, Comcast announced that its Board of Directors also approved a new share repurchase program authorization, effective as of January 31, 2025, of $15 billion, which does not have an expiration date.

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About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.

Contacts

Investor Contacts:
Marci Ryvicker (215) 286-4781
Jane Kearns (215) 286-4794
Marc Kaplan (215) 286-6527

Press Contacts:
Jennifer Khoury (215) 286-7408
John Demming (215) 286-8011

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