Skip to main content

Virgin Media Buys Back 1 Million Shares

Virgin Media repurchases over 1 million shares of common stock as part of its $194 million stock buyback transaction plan.



) --

Virgin Media


repurchased over 1 million shares of common stock today. The British cable TV company bought back 1.1 shares as a part of the planned $194 million stock buyback transaction it announced on July 28.

Today's buyback brought the total amount of stock repurchased through this plan to 9,334,721 shares. The average purchase price per share was $20.78.

Virgin Media shares are up more than 3.35% and trading at the high end of its 52-week range to $20.23.

-- Written by Theresa McCabe in Boston.

Scroll to Continue

TheStreet Recommends

>To contact the writer of this article, click here:

Theresa McCabe


>To follow the writer on Twitter, go to



>To submit a news tip, send an email to:


Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.