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Equity | 3 Months Ended
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Mar. 31, 2024
Equity [Abstract] |
Equity | Equity Share Repurchases During the three months ended March 31, 2024, we repurchased 8,914,916 of our Class C common shares at an average price per share of $19.12, for an aggregate purchase price of $170.5 million, including direct acquisition costs. Under our current share repurchase program, we are authorized during 2024 to repurchase up to 10% of our total outstanding shares as of December 31, 2023. As of March 31, 2024, the remaining number of our Class A and/or Class C common shares that we are authorized to repurchase during 2024 was 29.3 million. Based on the average of the respective closing share prices as of March 31, 2024, this would equate to additional share repurchases during the remainder of 2024 of approximately $506.3 million. However, the actual U.S. dollar amount of our share repurchases during the remainder of 2024 will be determined by the actual transaction date share prices during the year and could differ significantly from this amount. Telenet Takeover Bid On October 19, 2023, Liberty Global Belgium Holding B.V. (LGBH), an indirect wholly-owned subsidiary of Liberty Global, completed its public takeover bid for all of the shares of Telenet that we did not already own or that were not held by Telenet (the Telenet Takeover Bid). Telenet is now 100% owned by LGBH and Telenet shares have been delisted from Euronext Brussels.

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