Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock is listed on the New York Stock Exchange and NYSE Texas under the ticker symbol “T”. The number of stockholders of record as of December 31, 2025 and 2024 was 671,341 and 712,700. The number of stockholders of record as of January 28, 2026, was 668,838. We declared dividends on common stock, on a quarterly basis, totaling $1.11 per share in 2025 and 2024.
STOCK PERFORMANCE GRAPH
The comparison above assumes $100 invested on December 31, 2020, in AT&T common stock and the following Standard & Poor’s (S&P) Indices: S&P 500 Index and S&P 500 Communication Services Index. Total return equals stock price appreciation plus reinvestment of dividends.
18
AT&T Inc.
Dollars in millions except per share amounts
A summary of our repurchases of common stock during the fourth quarter of 2025 is as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
(a) (b) (c) (d)
Period Total Number of
Shares (or Units) Purchased 1,2
Average Price Paid Per Share (or Unit) Total Number of Shares (or Units) Purchased
as Part of Publicly Announced Plans or Programs 1
Maximum Number (or Approximate Dollar Value) of Shares (or Units) That May Yet Be Purchased Under The Plans or Programs 1
October 1, 2025 –
October 31, 2025
25,877,433 $ 26.09 25,875,113 $ 6,881
November 1, 2025 –
November 30, 2025
20,730,081 $ 25.23 20,700,000 $ 6,359
December 1, 2025 –
December 31, 2025
25,622,121 $ 24.70 25,421,711 $ 5,731
Total 72,229,635 $ 25.35 71,996,824
1 In December 2024, our Board of Directors approved, and we announced, an authorization to repurchase up to $10,000 of common stock (the “2024 Authorization”). Amounts in Column (d) represent amounts remaining under the 2024 Authorization. In January 2026, our Board of Directors approved, and we announced, an authorization to repurchase an additional $10,000 of common stock. The authorizations have no expiration date.
2 Of the shares purchased, 232,811 shares were acquired through the withholding of taxes on the vesting of restricted stock and performance shares or in respect of the exercise price of options.
ITEM 6. [RESERVED]
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AT&T Inc.
Dollars in millions except per share amounts
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.