NasdaqGS:LILATelecom
Liberty Latin America’s Special Preference Dividend And What It Means For Shareholders
Liberty Latin America (NasdaqGS:LILA) has declared a major special dividend in the form of newly issued preference shares.
The distribution is supported by improved operating results and new credit agreements for its Puerto Rico subsidiary.
GCI Liberty is providing significant new capital support and is set to become a major stakeholder.
Liberty Latin America, the regional telecom and broadband operator, is reshaping how it returns capital to shareholders by using preference shares instead...