Welcome to our dedicated page for Liberty Broadban news (Ticker: LBRDA), a resource for investors and traders seeking the latest updates and insights on Liberty Broadban stock.
Liberty Broadband Corporation reports telecommunications-sector and corporate updates tied to its Nasdaq-listed common and preferred securities. Company news commonly covers quarterly Q&A calls, management discussion of financial performance and outlook, annual meeting logistics, proxy-related stockholder matters, and regular cash dividends on its Series A Cumulative Redeemable Preferred Stock.
Updates also address corporate actions and investor communications involving GCI Liberty. The company’s disclosed operating context includes cable, broadband, voice, mobile, advertising, and business-services activities, along with reporting references to GCI Holdings and Charter.
Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) has declared a quarterly cash dividend of $0.43750001 per share for its Series A Cumulative Redeemable Preferred Stock. The payment will be made on January 15, 2021, to shareholders on record as of December 31, 2020. The company primarily invests in communications businesses, with significant assets in Charter Communications and subsidiaries like GCI and Skyhook. GCI holds the position of Alaska’s largest communications provider, serving both consumer and business clients across challenging terrains.
Liberty Broadband Corporation (Nasdaq: LBRDA) has completed a private offering of $825 million in 1.25% exchangeable senior debentures due 2050. The debentures are exchangeable for Charter Communications, Inc. Class A common stock, with an initial exchange price of $900 per share, equating to approximately 916,657 shares. Interest is payable quarterly starting March 31, 2021. The funds will be used for general corporate purposes, including debt repayment and stock repurchases. The offering is unregistered under the Securities Act, available only to Qualified Institutional Buyers.
Liberty Broadband Corporation announced its private offering of $750 million in 1.25% exchangeable senior debentures due in 2050. These debentures are exchangeable for Charter Communications, Inc. Class A common stock, with an initial exchange price of approximately $900 per share. An additional $75 million in debentures may be offered. Proceeds will be used for general corporate purposes, including debt repayment. The offering is set to close on November 23, 2020, subject to conditions. The debentures are not registered under the Securities Act.
Liberty Broadband Corporation (NASDAQ: LBRDA) announced a private offering of $650 million in exchangeable senior debentures due 2050, potentially increasing to $715 million if the option is fully exercised. The debentures are exchangeable for Charter Communications, Inc. Class A common stock and will be offered to Qualified Institutional Buyers. Proceeds will be used for general corporate purposes, including repaying debt and repurchasing common stock. The offering is not registered under the Securities Act, limiting its sale unless exempt.
Liberty Broadband Corporation (Nasdaq: LBRDA) is set to hold its annual Investor Meeting on November 20, 2020, following Qurate Retail's Investor Meeting. Scheduled to start at 10:05 a.m. M.T., the virtual meeting will be accessible to shareholders, analysts, and press. Attendees can submit questions via email until November 13, 2020. The event will cover financial performance and outlook. An archive of the webcast will be available for one year post-event. Presentations will include insights from companies like Charter Communications and LendingTree.
Liberty Broadband Corporation (Nasdaq: LBRDA) invites shareholders and analysts to a quarterly Q&A session after the GCI Liberty, Inc. third quarter earnings call on November 5th at 11:15 a.m. (E.S.T.). The session will be hosted by CEO Greg Maffei, who may cover the financial performance and future outlook of Liberty Broadband and its associated companies. Participants can join via phone or webcast, with details available on the company's website. The call will also be archived for one year following SEC filings.