Business Wire | Jan 27, 2022 07:05AM EST

Comcast Increases Dividend and Share Repurchase Authorization

Jan. 27, 2022

PHILADELPHIA--(BUSINESS WIRE)--Jan. 27, 2022--Comcast Corporation (NASDAQ: CMCSA) announced today that it increased its dividend by $0.08 to $1.08 per share on an annualized basis, up 8% year-over-year. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of $0.27 a share on the company's common stock, payable on April 27, 2022 to shareholders of record as of the close of business on April 6, 2022.

In addition, Comcast announced that its Board of Directors increased its share repurchase program authorization to $10.0 billion, effective as of January 1, 2022.

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About Comcast CorporationComcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information.

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CONTACT: InvestorContacts: Marci Ryvicker (215) 286-4781 Jane Kearns (215) 286-4794 Marc Kaplan (215) 286-6527

CONTACT: PressContacts: Jennifer Khoury (215) 286-7408 John Demming (215) 286-8011