Business News
Virgin Media Inc.: Transaction in Own Shares
Tuesday 07. December 2010 - Virgin Media Inc. (NASDAQ: VMED) (LSE: VMED) today announced the repurchase of 400,000 shares of common stock on 3 December 2010 as a part of the £700 million capital return program previously announced on 28 July 2010.
The highest price paid per share was $26.57 and the lowest price paid per share was $26.24. The repurchased shares will be cancelled. As of 3 December 2010, after giving effect to the cancellation of these shares, the number of shares of common stock issued and outstanding would be 323,404,494.