Virgin Media Inc.: Transaction In Own Shares
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LONDON--(BUSINESS WIRE)-- Virgin Media Inc. (NASDAQ: VMED) (LSE: VMED) today announced the repurchase of 2,538,546 shares of common stock on 18 November 2011 as a part of the US $300 million capped accelerated stock repurchase programme previously announced on 11 November 2011. The repurchased shares will be cancelled. As of 18 November 2011, after giving effect to the cancellation of these shares, the number of shares of common stock issued and outstanding would be 288,787,479. The purchase price per share of common stock will be determined with respect to all the shares delivered by Goldman Sachs & Co. prior to 22 February 2012 as set out in further detail in our Current Report on Form 8-K as filed with the U.S. Securities and Exchange Commission (SEC) on 14 November 2011. The Current Report on Form 8-K, as filed with the U.S. Securities and Exchange Commission (SEC) on 14 November 2011, may be viewed on the SEC website at www.sec.gov and on the Virgin Media website at www.virginmedia.com/investors.
Virgin Media Investor RelationsRichard Williams+44 (0)1256 753037[email protected]orVani Bassi+44 (0)1256 752347[email protected]orMedia contactsAt Tavistock CommunicationsMatt Ridsdale+44 (0) 20 7920 3150[email protected]
Source: Virgin Media Inc.
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