Virgin Media Inc. (NASDAQ: VMED) today announced the repurchase of 500,000 shares of common stock on 3 March 2011 as a part of the £700 million capital return program previously announced on 28 July 2010.
The highest price paid per share was $27.50 and the lowest price paid per share was $26.95. The repurchased shares will be cancelled.
As of 3 March 2011, after giving effect to the cancellation of these shares, the number of shares of common stock issued and outstanding would be 321,947,456.
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