Verizon Files Proxy Statement

TL;DR

Verizon dropped its proxy statement, shareholders vote soon.

AI Summary

Verizon Communications Inc. filed a DEFA14A on September 9, 2024, related to its corporate governance. The filing is a definitive proxy statement, indicating it's related to an upcoming shareholder meeting where proposals will be voted on. Specific details about the proposals or meeting date are not included in this excerpt.

Why It Matters

This filing is crucial for shareholders as it outlines the company's proposals and board recommendations, influencing how they vote on important corporate matters.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEFA14A) and does not contain new financial information or significant operational changes.

Key Players & Entities

• VERIZON COMMUNICATIONS INC (company) — Filer
• 0000732712 (company) — Central Index Key
• 1095 Avenue of the Americas (company) — Principal Executive Offices Address
• New York (company) — Principal Executive Offices City
• 10036 (company) — Principal Executive Offices Zip Code
• 212-395-1000 (company) — Registrant's telephone number
• September 9, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $0.10 — h Registered: Common Stock, par value $0.10 VZ New York Stock Exchange Common
• $20 billion — uisition of Frontier Communications for $20 billion. Thats going to expand your fiber footp

Filing Documents

• d876956ddefa14a.htm (DEFA14A) — 57KB
• g876956g42j98.jpg (GRAPHIC) — 9KB
• 0001193125-24-216016.txt ( ) — 65KB

Forward-Looking Statements

Forward-Looking Statements In this report, we have made forward-looking statements. These statements are based on our estimates and assumptions and are subject to risks and uncertainties. Forward-looking statements include the information concerning our possible or assumed future results of operations. Forward-looking statements also include those preceded or followed by the words anticipates, assumes, believes, estimates, expects, forecasts, hopes, intends, plans, targets or similar expressions. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. For a discussion of some of the risks and important factors that could affect such forward-looking Factors which could have an adverse effect on our operations and future prospects include, but are not limited to, the following: risks relating to the Transactions, including in respect of the ability to obtain required regulatory approvals and the requisite company stockholder approval, and the satisfaction of other closing conditions on a timely basis or at all; unanticipated difficulties and/or expenditures relating to the Transactions and any related financing; uncertainties as to the timing of the completion of the Transactions; litigation relating to the Transactions; the impact of the Transactions on each companys business operations (including the threatened or actual loss of subscribers, employees or suppliers); the inability to obtain, or delays in obtaining cost savings, synergies and other anticipated benefits from the Tra

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Conference Transcript, as of September 9, 2024. 104 Cover Page Interactive Data File (formatted as inline XBRL) * Schedules (or similar attachments) have been omitted from this filing pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule will be furnished to the SEC upon request. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VERIZON COMMUNICATIONS INC. By: /s/ William L. Horton, Jr. Name: William L. Horton, Jr. Title: Senior Vice President, Deputy General Counsel and Corporate Secretary Date: September 9, 2024 Exhibit 99.1 September 09, 2024 / 3:50PM UTC, Verizon Communications Inc at Goldman Sachs Communacopia & Technology Conference CORPORATE PARTICIPANTS Hans Vestberg CONFERENCE CALL PARTICIPANTS James Schneider Goldman Sachs - Analyst PRESENTATION James Schneider Goldman Sachs - Analyst Good morning, everybody. Welcome to the kickoff presentation of the Goldman Sachs Communacopia and Tech Conference. Im Jim Schneider. Im the telecom analyst here at Goldman Sachs, and its my pleasure to welcome Verizon Communications and the CEO, Hans Vestberg today. Thank you very much, Hans for being here. We really appreciate it. Hans Vestberg Thank you for having me. Great to be here. Early morning, West Coast. QUESTIONS AND ANSWERS James Schneider Goldman Sachs - Analyst Its true. Its true. It doesnt feel so early. So maybe to start with the headlines, Hans. Last week, you announced the acquisition of Frontier Communications for $20 billion. Thats going to expand your fiber footprint to nearly 30 million fiber passings by the time you plan to close the transaction in 2026. Very high level, give us a strategic rationale for the transaction. How is it fit into your o

Forward-Looking Statements

Forward-Looking Statements In this communication, we have made forward-looking statements. These statements are based on our estimates and assumptions and are subject to risks and uncertainties. Forward-looking statements include the information concerning our possible or assumed future results of operations. Forward-looking statements also include those preceded or followed by the words anticipates, assumes, believes, estimates, expects, forecasts, hopes, intends, plans, targets or similar expressions. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. For a discussion of some of the risks and important factors that could affect such forward-looking Factors which could have an adverse effect on our operations and future prospects include, but are not limited to, the following: risks relating to the proposed transactions, including in respect of the ability to obtain required regulatory approvals and approval by Frontiers stockholders, and the satisfaction of other closing conditions on a timely basis or at all; unanticipated difficulties and/or expenditures relating to the proposed transactions and any related financing; uncertainties as to the timing of the completion of the proposed transactions; litigation relating to the proposed transactions; the impact of the proposed transactions on each companys business operations (including the threatened or actual loss of subscribers, employees or suppliers); the inability to obtain, or delays in obtaining cost savings, synergies

View Full Filing

View this DEFA14A filing on SEC EDGAR