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Comcast considers $2.5 billion more in share buyback


Monday, March 31, 2014

Comcast is currently mulling an additional $2.5 billion share repurchase to its current $3 billion buyback plan, a planned sale of assets to complete the deal may produce cash for even more repurchases.

Comcast's proposed friendly takeover of Time Warner Cable would boast a footprint spanning from New York to Los Angeles, with a near 30 percent share of the pay TV market as well as a strong position in providing broadband Internet services.

By: Docmemory
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