The DirecTV Group recently completed its $3 billion stock repurchase program announced in May 2008 and that its Board of Directors has approved the repurchase of up to an additional $2 billion of its common stock. Such repurchases may be made from time to time through open market purchases or in negotiated transactions, using available cash on hand and cash expected to be provided by operations. The timing and amount of such transactions depend on a variety of factors, including market conditions. The program may be suspended or discontinued at any time.

Since February 2006, DirecTV has repurchased approximately $8.2 billion of its common stock. As of Sept. 30, 2008, DirecTV had total assets of approximately $17.5 billion and cash or cash equivalents of approximately $3 billion, and for the nine-month period then ended, DirecTV had total revenues of approximately $14.4 billion.

The Daily

Subscribe
Thursday–December 12

Delaware Doles Out BEAD Grants to Comcast, Verizon

Delaware became the second state behind Louisiana to announce grant funding awards from its BEAD allocation, awarding Comcast and Verizon $17.4 million to provide service to eight grant areas across the state

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Apr 16
Cablefax 100 Awards Nominations Open November 13th, 2024.
Full Calendar

Jobs

Seeking an INDUSTRY JOB or hiring for one?
VIEW JOBS

In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors. The result will be an even more robust industry job board, to help both employers and job seekers.

Contact Carley Ashley, [email protected], for more information about posting a job on the website and our Jobs newsletter, sent twice weekly to 85,000 media professionals.