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Liberty Global shares slip to 52‑week low of $9.29 amid cost‑cut plan

The stock fell 4.6% to $9.36 after hitting a yearly low, as the company confirmed 2026 guidance and announced £600m savings at Virgin Media O2.

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Priya Anand · Equities & Earnings Desk · 26 Sept 2026 · 17:25 · 1 min read
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Liberty Global shares slip to 52‑week low of $9.29 amid cost‑cut plan

Liberty Global’s Class C stock (LBTYK) touched a 52‑week low of $9.29 USD, later trading at $9.36, down 0.45 points or 4.62% intraday. The share price is down 19.81% over the past year and carries a price‑to‑book ratio of 0.35.

The company confirmed its 2026 guidance across its operating companies, noting the fourth consecutive quarter of broadband improvement.

Liberty Global and its partner Telefónica are planning roughly £600 million in cost savings at Virgin Media O2 through workforce reductions and lower operating and capital expenditures, aiming to ease investor concerns about debt levels.

Management has been aggressively buying back shares.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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