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ATUS WI - Altice USA Inc News Story

$17.71 0.0  0.1%

Last Trade - 08/06/18

Sector
Telecoms
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £7.04bn
Position in Universe th / 6846

BRIEF-Altice USA Announces Commencement Of Tender Offer To Repurchase Up To $2.5 Billion Of Its Class A Common Stock

Mon 23rd November, 2020 12:32pm
Nov 23 (Reuters) - Altice USA Inc  ATUS.N :
    * ALTICE USA ANNOUNCES COMMENCEMENT OF TENDER OFFER TO
REPURCHASE
UP TO $2.5 BILLION OF ITS CLASS A COMMON STOCK
    * ALTICE USA - COMMENCED MODIFIED "DUTCH AUCTION" TENDER
OFFER OF
CLASS A STOCK AT PRICE NOT GREATER THAN $36 PER SHARE NOR LESS
THAN $32.25 PER SHARE
    * ALTICE USA - WITH THIS OFFER, ALTICE USA IS INCREASING ITS
BUYBACK TARGET FOR FULL YEAR 2020 FROM ≥ $2.0 BILLION TO ABOUT
$5.0 BILLION
    * ALTICE USA INC - OFFER WILL EXPIRE ON DEC 21, 2020

Source text for Eikon:  ID:nBw7Wv57ra 
Further company coverage:  ATUS.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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