Liberty Global has approved a new share repurchase programme which could see it buy back US$1bn worth of stock.
The US-based international cable operator said in a statement that the new programme will allow it to buy back Series A common stock,…
Liberty Global has approved a new share repurchase programme which could see it buy back US$1bn worth of stock.
The US-based international cable operator said in a statement that the new programme will allow it to buy back Series A common stock, Series C common stock or a combination of both in open market and privately-negotiated transactions.
The timing of transactions will depend upon various factors, including market conditions, the statement added, and the programme can be suspended or stopped at any time.
Shares in the NASDAQ-listed company have traded between US$32.06 and US$47.31 over the past year.
