When a stock loses over 15% after a major stock buyback, the related stock catches my attention. Such a stock is Liberty Global Plc (LBTYA) trading near multi-year lows. The company is a complicated investment vehicle with a lot of net debt creating the opportunity for an investor willing to dig into the potential in the stock.
Image Source: Liberty Global website
Slimmed Down Focus
The Denver-based company has essentially become Virgin Media with several investment vehicles. The company has 31 million consolidated fixed and mobile subs along with 15 million fixed and