Verizon Communications (VZ) Stock News, Jun 4-24, 2025

Verizon (VZ) announced final results of its private exchange offers and cash offers for 10 series of notes. For the Exchange Offers, Verizon will issue approximately $2.2 billion aggregate principal amount of new 5.401% Notes due 2037. The company accepted for exchange all validly tendered Old Notes with Acceptance Priority Levels 1-5 and 7-10, while rejecting Level 6 (2.100% Notes due 2028). For the Cash Offers, Verizon increased its Maximum Total Consideration Amount from $300 million to $500 million to purchase all validly tendered Covered Notes. The Settlement Date for both offers is expected to be June 25, 2025. The exchange and cash offers expired on June 18, 2025. Holders whose notes are accepted will receive accrued and unpaid interest up to the settlement date.

Verizon (VZ) announced the expiration of its Exchange Offers and Cash Offers for 10 series of notes. The Exchange Offers allow eligible holders to exchange Old Notes for newly issued 5.401% Notes due 2037, with a $2.5 billion cap on new notes issuance. The Exchange Offers expired on June 18, 2025, with settlement expected on June 25, 2025. The company received significant tenders across various note series, with the 4.329% Notes due 2028 receiving $722.4M in exchange offers and the 4.016% Notes due 2029 receiving $523.4M. Separately, the Cash Offers, open to non-Exchange Offer eligible holders, also expired on June 18, with notable participation including $255.6M tendered for the 2.100% Notes due 2028 and $174.4M for the 4.125% Notes due 2027. The offers use a waterfall methodology, accepting notes based on priority levels.

Verizon announced pricing terms for two related transactions to repurchase 10 series of outstanding notes. The first transaction consists of private Exchange Offers where eligible holders can exchange old notes for new notes due July 2, 2037, with a 5.401% coupon. The second transaction involves Cash Offers to purchase notes from holders not eligible for the Exchange Offers. The Exchange Offers are capped at $2.5 billion in new notes and use a waterfall methodology based on acceptance priority levels. The Exchange Offers expire at 5:00 p.m. Eastern time on June 18, 2025, with settlement expected on June 25, 2025. The minimum aggregate principal amount of new notes required is $750 million for the transactions to complete. Eligible holders will receive the Total Exchange Price plus accrued interest payments for accepted notes.

Verizon's Total Wireless launches Total Spark, a social impact program designed to support working students. Based on a survey of 1,000+ U.S. adult students, the program addresses key challenges: 32% work to support families, 89% have student loans, and 73% desire additional career support. In partnership with Empower Work, Total Spark will distribute grants ranging from $50,000 to $150,000 to five nonprofits in Chicago, Dallas, and Detroit. The program kicks off with a Career Spark fair in Chicago on June 27, offering resources for work-life balance, job opportunities, and professional development. Partner organizations include Jane Addams Resource Corporation, LIFT-Chicago, Wilkinson Center, NPower Michigan, and TechTown Detroit. The initiative follows the success of Visible's Connection Protection program and represents Total Wireless's commitment to community empowerment through reliable connectivity.

Verizon (NYSE, Nasdaq: VZ) has announced it will release its second-quarter 2025 earnings report on Monday, July 21, 2025. The company will host a webcast presentation at 8:30 a.m. Eastern Time, with earnings materials available at 7:00 a.m. ET on Verizon's Investor Relations website. The materials will include detailed Q2 results, management commentary with recording and transcript, earnings release, and financial tables. Verizon, headquartered in New York City, reported revenues of $134.8 billion in 2024 and serves millions of customers worldwide, including nearly all Fortune 500 companies.

Verizon (VZ) announced private exchange offers for 10 series of outstanding notes, alongside related tender offers. The Exchange Offers, expiring June 18, 2025, allow qualified institutional buyers and non-U.S. qualified offerees to exchange old notes for new notes maturing July 2, 2037. The exchange is capped at $2.5 billion aggregate principal amount of new notes, with a minimum issue requirement of $750 million. The offers follow a waterfall methodology based on acceptance priority levels, with exchange prices determined by fixed spreads plus U.S. Treasury Security yields. The new notes' interest rate will be calculated as the yield of the 4.250% U.S. Treasury Security due May 15, 2035, plus 105 basis points. Settlement is expected on June 25, 2025.

Verizon (VZ) has expanded its Verizon Frontline Network Slice, a dedicated 5G Ultra Wideband virtual network for first responders, to more than 50 major markets nationwide. The expansion adds 20+ new metropolitan areas including New York, Washington D.C., and Boston, making the service available wherever Verizon offers 5G Ultra Wideband coverage. The network slice provides first responders with dedicated network capacity, enhanced reliability, and tailored performance for critical applications. Key benefits include guaranteed network resource availability, optimized data traffic, and reduced risk of disruption during high congestion. Notably, eligible public safety agencies can access these enhanced features at the same cost as current 5G UW plans. This initiative builds on Verizon Frontline's three-decade partnership with public safety officials to meet their evolving communication needs.

Verizon (VZ) has declared a quarterly dividend of $0.6775 per share, maintaining the same rate as the previous quarter. The dividend will be paid on August 1, 2025, to shareholders of record as of July 10, 2025. With approximately 4.2 billion shares outstanding, Verizon distributed over $11.2 billion in cash dividends during 2024. CEO Hans Vestberg emphasized the company's position as a national leader in mobility and broadband, highlighting their ability to maintain dividend payments while investing in network infrastructure. The company reported revenues of $134.8 billion in 2024, serving a broad customer base including nearly all Fortune 500 companies.

Verizon Business has launched Edge Transportation Exchange, a revolutionary vehicle-to-everything (V2X) communication platform that enables connected vehicles to interact with other vehicles, pedestrians, and infrastructure in near real-time. The platform leverages Verizon's 5G and LTE networks, mobile edge computing, and geolocation technology. Major customers including Volkswagen Group of America, Arizona Commerce Authority, Delaware Department of Transportation, and Rutgers University CAIT have already adopted the platform. The solution uses virtual architecture to reduce costly physical roadside units and offers capabilities like vulnerable road user awareness, weather alerts, and traffic signal information. The platform serves as an API-driven ecosystem for automakers, developers, and governments to innovate transportation solutions, with development managed through Verizon ThingSpace IoT platform.