Liberty Ventures Group Buyback
OLI recorded this information on 10/9/2014
Company:
Liberty Ventures Group
Buyback:
LVNTA buyback
$Amount Authorized:
$650,000,000
Buyback Details:
Liberty Interactive Corporation ("Liberty Interactive") (NASDAQ:QVCA,,QVCB,LVNTA,LVNTB) today announced that its board of directors has authorized the repurchase of up to $650 million of its Liberty Ventures Group tracking stock. This authorization is in addition to the $350 million repurchase authorization announced in August, which may be used for the repurchase of either QVC Group tracking stock (formerly referred to as the Liberty Interactive Group) or Liberty Ventures Group tracking stock.
Liberty Interactive owns interests in subsidiaries and other companies which are primarily engaged in the video and on-line commerce industries. Through its subsidiaries and affiliates, Co. operates in North America, Europe and Asia. Co.'s principal business is QVC, Inc. (QVC). QVC markets and sells a range of consumer products primarily through live televised shopping programs and via its websites, including QVC.com, and other media, such as mobile applications. Co.'s corporate and other category includes entire or majority interests in consolidated subsidiaries, which operate on-line commerce businesses in a range of retail categories and ownership interests in unconsolidated businesses.
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Avg. Broker Rec.
 
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Buy (3.33 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
