Brief: Adt Provides Solar Business Update And Advances Capital Allocation Strategy

ADT

24/01/2024 23:23

ADT Inc  ADT.N :
    * ADT PROVIDES SOLAR BUSINESS UPDATE AND ADVANCES CAPITAL
ALLOCATION STRATEGY
    * ADT INC: EXITING ITS RESIDENTIAL SOLAR BUSINESS.
    * ADT INC: INCREASES QUARTERLY DIVIDEND BY 57% AND
AUTHORIZES $350
MILLION SHARE REPURCHASE PROGRAM
    * ADT INC: INCREASES QUARTERLY DIVIDEND BY 57% AND
AUTHORIZES $350
MILLION SHARE REPURCHASE PROGRAM
    * ADT INC: EXPECTS TO INCUR CERTAIN ONE-TIME EXIT CHARGES
AND CASH
EXPENDITURES WITH POTENTIAL OFFSETS FROM ASSET SALES OR REDUCED
TAX EXPENSES

Source text for Eikon:  ID:nGNXB9YDz 
Further company coverage:  ADT.N