Libery Media's Malone Unloads Shares... To Liberty Media (LCAPA, LINTA, LMDIA)

Media

Published: October 9, 2008 1:42 pm

Last Updated: April 28, 2020 12:42 am

Liberty_media_logo Chairman John Malone of Liberty Media Corp. (NASDAQ: LCAPA) sold 4.5 million shares of common stock on October 7, 2008 at a price of $11.00 per share. He still holds more than 2.7 million shares of Series A Common Stock. The other units of Liberty trade under the "LINTA" and "LMDIA" tickers as well.

This was part of Liberty’s repurchase plan, but it was a privately negotiated transaction as this trade nor enough shares crossed on the exchange on that day. According to trade recaps, this stock only traded 1.04 million shares of common stock on October 7 and the stock closed at $11.22 with an intra-day trading range of $11.16 to $12.49.

Jon C. Ogg
October 9, 2008

It’s Your Money, Your Future—Own It (sponsor)

Are you ahead, or behind on retirement? For families with more than $500,000 saved for retirement, finding a financial advisor who puts your interest first can be the difference, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors who serve your area in minutes. Each advisor has been carefully vetted and must act in your best interests. Start your search now.

If you’ve saved and built a substantial nest egg for you and your family, don’t delay; get started right here and help your retirement dreams become a retirement reality.