Time Warner Cable Inc. Buyback
OLI recorded this information on 7/25/2013
Company:
Time Warner Cable Inc.
Buyback:
TWC buyback
$Amount Authorized:
$4,000,000,000
Buyback Details:
Time Warner Cable Inc. (NYSE:TWC) today announced that its Board of Directors replenished its share repurchase authorization to $4 billion effective today. The timing of purchases will be based on market conditions and other factors.
Time Warner Cable is a provider of video, data and voice services, with cable systems located mainly in five geographic areas: New York State, the Carolinas, the Midwest, Southern California and Texas. Co. provides data and voice services to residential and business services customers. Co.'s residential services also include security and home management services, and its business services also include networking and transport services and enterprise-class, cloud-enabled hosting, managed applications and services. Co. also sells video and online advertising inventory. As of Dec 31 2014, Co. served 14.5 million residential customers and 687,000 business customers.
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Avg. Broker Rec.
  
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Buy (2.58 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
