AD

#1655
Array Digital Infrastructure, Inc. Common Shares
37.0 2 USD
+0.01%
Market Price
Settore: Servizi di Comunicazione
Base: USD
Valuta di Profitto: USD
Intervallo Giornaliero
36.87
37.04
Intervallo Annuale
33.71
60.82
Variazione giornaliera
+0.98%
Variazione Mensile
+5.44%
Variazione di 6 mesi
-22.73%
Variazione Annuale
-30.28%
Chiusura Precedente
36.6 6
Open
36.8 7
Minimo
36.8 7
Massimo
37.0 4
Volume
49
Apri il grafico completo

Financials

Panoramica Estratto Conto Statistiche Dividendi Documents

2026

Current report, Q3 FY2026
ARRAY DIGITAL INFRASTRUCTURE, INC. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
ARRAY DIGITAL INFRASTRUCTURE, INC. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
ARRAY DIGITAL INFRASTRUCTURE, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
ARRAY DIGITAL INFRASTRUCTURE, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
ARRAY DIGITAL INFRASTRUCTURE, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
ARRAY DIGITAL INFRASTRUCTURE, INC. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
ARRAY DIGITAL INFRASTRUCTURE, INC. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
ARRAY DIGITAL INFRASTRUCTURE, INC. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
ARRAY DIGITAL INFRASTRUCTURE, INC. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
ARRAY DIGITAL INFRASTRUCTURE, INC. current report, Q1 FY2026
8-K

ARRAY DIGITAL INFRASTRUCTURE, INC. current report, Q2 FY2026

Full document

Business Context and Reporting Period

This Form 8-K Current Report from Array Digital Infrastructure, Inc. (formerly United States Cellular Corporation) covers events occurring on June 1, 2026. The filing details the completion of a major asset disposition and a subsequent capital return to shareholders.

Key Financial Metrics and Transactions

  • Asset Sale Proceeds: The company received $1.0 billion in cash from the sale of select spectrum assets to Verizon Communications Inc.
  • Special Dividend: The Board declared a special cash dividend of $11.00 per share for holders of Common Stock and Series A Common Stock.
  • Dividend Timeline: Record date is June 11, 2026; payment date is scheduled for June 25, 2026.
  • Debt Instruments: The company has outstanding 6.25% Senior Notes due 2069 (UZD) and 5.50% Senior Notes due 2070 (UZE, UZF).

Material Changes

The primary material change is the completion of the sale of spectrum assets to Verizon, finalizing an agreement originally dated October 17, 2024. This transaction resulted in an immediate influx of $1.0 billion in cash liquidity. Additionally, the declaration of a substantial special dividend represents a significant change in the company's capital allocation strategy for the period.

Outlook, Risks, and Management Commentary

Management has executed the previously announced transaction, confirming the closing date and payment terms. The filing references a press release (Exhibit 99.1) for further details on the closing and related matters. No specific forward-looking guidance, risk factors, or contingencies regarding future operations are detailed within the text of this specific 8-K filing beyond the execution of the sale and dividend.

Investor Verification Checklist

  • Verify the exact number of outstanding shares to calculate the total cash outflow required for the $11.00 per share special dividend.
  • Confirm the impact of the $1.0 billion cash inflow on the company's current liquidity position and debt covenants.
  • Review the attached Press Release (Exhibit 99.1) for details on the specific spectrum assets sold and any remaining obligations to Verizon.
  • Check the company's balance sheet to determine if the dividend payment will be funded entirely by the sale proceeds or if additional liquidity sources are required.