T-MOBILE US, INC. (NASDAQ:TMUSP) Files An 8-K Other EventsItem 8.01. Other Events.
On December 6, 2017, T-Mobile US, Inc., a Delaware corporation (the “Company”), announced that its Board of Directors authorized a stock repurchase program for up to $1.5 billion of the Company’s common stock through December 31, 2018.
Under the repurchase program, repurchases can be made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions or otherwise (but will not include purchases of common stock by the Company from Deutsche Telekom AG, our majority stockholder), all in accordance with the rules of the Securities and Exchange Commission and other applicable legal requirements. The specific timing, price and size of purchases will depend on prevailing stock prices, general economic and market conditions, and other considerations. The repurchase program does not obligate the Company to acquire any particular amount of common stock, and the repurchase program may be suspended or discontinued at any time at the Company’s discretion.
We also understand that Deutsche Telekom AG, our majority stockholder, or its affiliates, is considering plans to purchase additional shares of our common stock. Such purchases would likely take place through December 31, 2018, all in accordance with the rules of the Securities and Exchange Commission and other applicable legal requirements.
Item 9.01. Financial Statements and Exhibits.
The following exhibit is provided as part of this Current Report on Form 8-K:
T-Mobile US, Inc. ExhibitEX-99.1 2 tmus12062017ex991.htm TMUS EXHIBIT 99.1 Exhibit EXHIBIT 99.1T-Mobile Announces $1.5 Billion Stock Repurchase ProgramBELLEVUE,…To view the full exhibit click