On the occasion of its quarterly publication, Comcast announces that its Board of Directors has decided to increase its dividend by 6.9% year-on-year, to $1.24 per share on an annualized basis for 2024.

The Board also approved a new authorization to repurchase $15 billion worth of shares from January 26, through open market or over-the-counter transactions, and subject to market and other conditions.

For the fourth quarter of 2023, the cable operator and entertainment group posted adjusted EPS up 2.4% to $0.84 and adjusted EBITDA stable at $8.01 billion, on revenues up 2.3% to nearly $31.3 billion.

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