tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Adt Inc Exits Solar Business, Announces Share Buyback and Dividend Hike

Adt Inc Exits Solar Business, Announces Share Buyback and Dividend Hike

Adt Inc (ADT) has released an update to notify the public and investors about a regulation fd disclosure.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The Company announced its departure from the residential solar business and the initiation of a Share Repurchase Plan. Concurrently, it declared a 57% increase in its quarterly cash dividend to $0.055 per share for common and Class B common stockholders, payable on April 4, 2024, to those on record as of March 14, 2024.

For further insights into ADT stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

1