Liberty Broadband (LBRDA) Tops Q2 EPS by 30c
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Liberty Broadband Reports Second Quarter 2021 Financial Results
August 6, 2021 8:15 AM EDTENGLEWOOD, Colo.--(BUSINESS WIRE)-- Liberty Broadband Corporation (Liberty Broadband) (Nasdaq: LBRDA, LBRDK, LBRDP) today reported second quarter 2021 results. Headlines include(1):
Fair value of Charter investment was $41 billion as of June 30th From May 1st through July 31st, Liberty Broadband received $1.1 billion of proceeds from sale of 1.6 million Charter shares to Charter Maintained fully diluted equity interest in Charter of 26%(2) From May 1st through July 31st, Liberty Broadband repurchased 7.5 million LBRDK shares at an average price per share of $167.17 and total cash consideration of $1.3 billion Liberty Broadbands Board... More