Virgin Media completes one million share buyback

Cable operator Virgin Media has repurchased an additional 1,063,514 shares of common stock as a part of the US$194m (€153m) stock buyback transaction announced on 28 July.

As a result of the repurchase, the total aggregate amount of stock repurchased under the accelerated stock buyback transaction is 9,334,721 shares of common stock. The average purchase price per share was determined to be US$20.78.