0
General

Altice USA buys back more shares from shareholders BCP, CPPIB

Wednesday 11 September 2019 | 09:01 CET | News
Altice USA said that shareholders BC Partners (BCP) and Canada Pension Plan Investment Board (CPPIB) have sold more shares in the company, some of which the company has bought back. On 10 September, the shareholders let go of 20 million shares. Under its buyback programme, Altice bought 1.8 million of these, for a total of USD 50 million.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Altice USA
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Altice USA aims for faster growth in 2020 after Q4 slowdown in customer numbers

Published 13 Feb 2020 10:34 CET | United States
Altice USA said it aims to accelerate revenue and EBITDA growth at its cable business this year, helped by ongoing upgrades to ...

Altice USA lowers revenue growth outlook after slow Q3

Published 06 Nov 2019 09:31 CET | United States
Altice USA lowered its target for full-year revenue growth, after a muted third quarter. The cable operator said customer growth ...

Altice USA opens new Optimum Experience Center in Bethpage

Published 14 Oct 2019 10:13 CET | United States
Altice USA opened a new Optimum Experience Center in Bethpage in Nassau County, Long Island that offers a full-service shopping ...

Altice USA taps Cisco's MSX to expand SD-WAN offering

Published 01 Oct 2019 11:29 CET | United States
Altice USA is working with Cisco to expand the scale of its software-defined wide area networking (SD-WAN) service offerings to ...

Altice USA to launch Amazon Prime Video on Altice One

Published 16 Sep 2019 16:27 CET | United States
Altice USA and Amazon plan to launch Amazon Prime Video on the Altice One entertainment and connectivity platform. Altice One ...

Altice Europe refinances debt on better terms

Published 16 Sep 2019 09:58 CET | Europe
Altice has announced a refinancing transaction that will help improve its liquidity profile and significantly reduce its annual ...

Altice USA buys back shares from shareholders BCP, CPPIB

Published 01 Mar 2019 10:38 CET | United States
Altice USA said it has bought back 7 million shares from shareholders BC Partners (BCP) and Canada Pension Plan Investment Board ...