Virgin Media buys back more shares

UK cable operator Virgin Media has repurchased 400,000 shares as part of its ongoing capital return programme, announced in July last year.

The highest price paid per share by NASDAQ-listed Virgin Media was US$32.36 (€22.10) and the lowest price was US$31.76. The repurchased shares will be cancelled. The move leaves the operator with 315,430,192 outstanding common stock shares.