Virgin Media 2010 Annual Report Download - page 42

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Share Repurchases
The table below summarizes our repurchases under our Board-authorized capital structure optimization
program during 2010:
Period
Total Number of
Shares Purchased
Average Price Paid
per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans
or Programs
Approximate Value
of shares that May
Yet Be Purchased
Under the Program
(in Pounds Sterling
millions)(1)
August 1, 2010 – August 31, 2010 .... 9,334,721 $20.78 9,334,721 252.5
December 2, 2010 – December 8,
2010 ......................... 2,300,000 $26.82 2,300,000 213.5
Total ........................... 11,634,721 11,634,721
(1) On July 28, 2010, we announced a capital structure optimization program expected to include the application of, in aggregate, up to
£700 million, in part towards repurchases of up to £375 million of our common stock until August 2011 and in part towards transactions
relating to our debt and convertible debt, including related derivative transactions. In the fourth quarter of 2010, the repurchases were
made through open market transactions.
39