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Liberty Global board approves $2B share repurchase program

Liberty Global plc's board approved a new $2.0 billion share repurchase program with respect to Liberty Global Group Class A and Class C shares.

The program is expected to complete by year-end 2018, the company said Dec. 18. Liberty Global may buy the shares, or any combination of Class A and Class C ordinary shares from time to time.

The program may be effected through open market transactions and/or privately negotiated transactions.