Charter Communications: Management Pivoted, Should You? Charter Communications shifts free cash flo...

Charter Communications: Management Pivoted, Should You? Charter Communications shifts free cash flow priorities from aggressive buybacks to debt reduction, targeting 3.5x net debt/EBITDA within three years post-Cox acquisition. CHTR now holds ~$110B in debt, with combined adjusted EBITDA expected at $28B, requiring $14.8B–$17.6B in debt reduction by 2029 amid flat-to-declining EBITDA. Free cash flow is projected to rise as capex declines, but only ~$2.1B–$3.6B annually may be available for buybacks after debt reduction, limiting share repurchase impact.