Examples of Liberty Interactive in a sentence
As a result of the Restructuring, all of the Old Liberty outstanding common stock was exchanged for two new tracking stocks, Liberty Interactive common stock and Liberty Capital common stock issued by Liberty, a newly formed holding company.
Subsequent to September 30, 2006, our board of directors authorized us to repurchase up to an additional $1 billion of outstanding shares of Liberty Interactive stock in the open market or in privately negotiated transactions, subject to market conditions.
During the nine months ended September 30, 2006, the Interactive Group's primary uses of cash were the retirement of $1,369 million principal amount of senior notes that matured in September 2006, funding the acquisition of Provide ($465 million), repurchases of QVC common stock ($314 million), capital expenditures ($170 million), stock compensation payments ($105 million) and the repurchase of outstanding Liberty Interactive common stock.
During the period from May 10, 2006 to September 30, 2006, we repurchased 41.4 million shares of Liberty Interactive Series A common stock for aggregate cash consideration of $731 million pursuant to this share repurchase program.
In connection with the issuance of our tracking stocks, our board of directors authorized a share repurchase program pursuant to which we may repurchase up to $1 billion of outstanding shares of Liberty Interactive Stock in the open market or in privately negotiated transactions, from time to time, subject to market conditions.
The projected uses of Interactive Group cash for the remainder of 2006 include approximately $105 million for interest payments on QVC debt and parent debt attributed to the Interactive Group, capital expenditures, additional tax payments to the Capital Group and additional repurchases of Liberty Interactive common stock.