Altice USA Statement on Transaction by BC Partners and Canada Pension Plan Investment Board
Altice USA, Inc. Class A (ATUS)
Last altice usa, inc. class a earnings: 2/12 04:05 pm
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US:NYSE Investor Relations:
investors.alticeusa.com/investors/overview/default.aspx
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today makes the following statement following the sale of a portion of Altice USA shares by funds advised by BC Partners and Canada Pension Plan Investment Board:After the market closed today, funds advised by BC Partners (BCP) and Canada Pension Plan Investment Board (CPPIB) elected to sell 20 million Altice USA Class A shares, representing approximately 40 percent of their stake in the company. Consistent with Altice USA’s share repurchase program, the company elected to purchase approximately 1.8 million of these shares for a total consideration of approximately $50 million. Following these transactions, BCP and CPPIB together own approximately 4.4% of Altice USA.About Altice USAAltice USA (NYSE: ATUS) is one of the largest broadband communications and video services providers in the United States, delivering broadband, pay television, mobile, proprietary content and advertising services to approximately 4.9 million residential
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ATUS
News
- Analysts Estimate Altice USA, Inc. (ATUS) to Report a Decline in Earnings: What to Look Out for [Yahoo! Finance]Yahoo! Finance
- Altice USA, Inc. (NYSE: ATUS) is now covered by analysts at Bank of America Co.. They set an "underperform" rating and a $1.50 price target on the stock.MarketBeat
- Ookla® Ranks Optimum Fiber as Fastest and Most Reliable Internet Speeds in New York and New Jersey [Yahoo! Finance]Yahoo! Finance
- Ookla® Ranks Optimum Fiber as Fastest and Most Reliable Internet Speeds in New York and New JerseyBusiness Wire
- Altice USA, Inc. (NYSE: ATUS) had its price target lowered by analysts at Loop Capital from $3.00 to $2.00. They now have a "hold" rating on the stock.MarketBeat
ATUS
Earnings
- 2/14/24 - Miss
ATUS
Sec Filings
- 4/10/24 - Form SC
- 3/20/24 - Form 4
- 3/20/24 - Form 4
- ATUS's page on the SEC website