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Saturday, November 12, 2011

Virgin Media Initiated A New $300M Capped Accelerated Stock Repurchase Program


From: FinancialNewsOnline  | Nov 11, 2011
Virgin Media (NASDAQ:VMED) initiated a new $300 million capped accelerated stock repurchase program, following a recently completed $250 million capped accelerated stock repurchase program.

Virgin Media has potential upside of 44.2% based on a current price of $23.64 and an average consensus analyst price target of $34.09.

Virgin Media is currently below its 50-day moving average (MA) of $25.12 and below its 200-day MA of $27.39

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