CLAIM #15460 · Comcast Corp (CMCSA) · 2025Q2 earnings call · Jul 31, 2025

“We've been shrinking our share count by mid- single digits on an annual basis for the past several years, and we expect to continue to do that as part of a robust and balanced capital allocation framework.”

Jason Armstrong · CFO

How to check this claim

Look at: Year-over-year percentage reduction in diluted weighted-average share count (fiscal year)

It came true if: Diluted share count decreases by 4%-6% year-over-year

Where: Company income statement / 10-K share count disclosure

Knowable after: 2026-02-28

In context

“we expect, in the vast majority of our domestic footprint, there will effectively be 2 multi-gig symmetrical wires running into the home. And that's exactly what we've been preparing for by further strengthening and extending our network and innovating to differentiate the in-home WiFi experience we deliver. The change in tax legislation provides a tailwind to that strategy and further supports our U.S. investment, benefiting the company, our customers and the communities we serve all across the country. So our expectation is that this legislation helps fuel the capital allocation formula that's been successful for us, which starts with reinvesting in our businesses, prioritizing a strong balance sheet and strong returns of capital to our shareholders through dividends and share buybacks. We've been shrinking our share count by mid- single digits on an annual basis for the past several years, and we expect to continue to do that as part of a robust and balanced capital allocation framework. With that, let me turn it back over to Marci. Marci Ryvicker: Thanks, Jason. Operator, let's open the call for Q&A, please. Operator: [Operator Instructions] Our first question today is coming from Michael Rollins from Citibank (sic) [ Citigroup ]. Michael Ian Rollins: First on broadband, you mentioned the early reaction that you've seen from the adjustments to your go-to-market. Curious if you could give some more details on the competitive landscape and how that influences the pace over which you'd expect to improve quarterly broadband performance going forward? David N. Watson: Mike, this is Dave. So starting with the competitive landscape, it remains intense, as we've noted. Fixed wireless remains very active in the marketplace. Fiber competitors continue to build more passing. So tha”

Verify independently

SEC filings for CMCSA ↗ · Quote is verbatim from the 2025Q2 earnings call.