Liberty Global, Inc. ("Liberty Global” or the "Company”) (Nasdaq: LBTYA)
(Nasdaq: LBTYB) (Nasdaq: LBTYK) today announced the authorization to
increase its stock repurchase program by an additional $250 million.
Under the program, Liberty Global may acquire from time to time its
Series A common stock, Series C common stock, or any combination of
Series A and Series C common stock.
The stock repurchase program may be effected through open market
transactions and/or privately negotiated transactions, which may include
derivative transactions. The timing of the repurchase of shares pursuant
to the program will depend on a variety of factors, including market
conditions. The program may be suspended or discontinued at any time.
About Liberty Global, Inc.
Liberty Global is the leading international cable operator offering
advanced video, voice and broadband internet services to connect its
customers to the world of entertainment, communications and information.
As of June 30, 2009, Liberty Global operated state-of-the-art networks
that served approximately 17 million customers across 14 countries
principally located in Europe, Japan, Chile, and Australia. Liberty
Global’s operations also include significant programming businesses such
as Chellomedia in Europe.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including the manner, timing and amount of purchases that we may make
under the Company’s stock repurchase plan. These forward looking
statements involve certain risks and uncertainties that could cause
actual results to differ materially from those expressed or implied by
these statements, including general market conditions and the trading
price of Liberty Global Series A common stock and Liberty Global Series
C common stock, as well as other factors detailed from time to time in
the Company’s filings with the Securities and Exchange Commission
including our most recently filed Forms 10-K and 10-Q. These
forward-looking statements speak only as of the date of this release.
The Company expressly disclaims any obligation or undertaking to
disseminate any updates or revisions to any forward-looking statement
contained herein to reflect any change in the Company's expectations
with regard thereto or any change in events, conditions or circumstances
on which any such statement is based.
For more information, please visit www.lgi.com.