Tranche Update on Altice USA, Inc.'s Equity Buyback Plan announced on August 1, 2019.
July 28, 2021 at 05:23 pm EDT
Share
From April 1, 2021 to June 30, 2021, the company has repurchased 5,821,252 shares, representing 1.26% for $202.81 million. With this, the company has completed the repurchase of 189,032,479 shares, representing 33.11% for $5,729.02 million under the buyback announced on August 1, 2019.
Altice USA, Inc. is a broadband communications and video services provider in the United States, delivering broadband, video, mobile, proprietary content and advertising services to residential and business customers across 21 states through its Optimum brand. The Company has presences primarily in the New York metropolitan area and various markets in the south-central United States through a fiber-rich hybrid-fiber coaxial broadband network and a fiber-to-the-home network. The Company offers news programming and advertising services. It operates a4, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. It offers hyper-local, national, international and business news through its News 12 and i24NEWS networks. It also offers managed services, including hosted private branch exchange, managed Wi-Fi and network security for small and medium-sized business customers.