secwatch.observer — SEC 8-K summary
======================================

Issuer:     Liberty Global Ltd. (LBTYA)
CIK:        0001570585
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001570585-24-000025
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liberty Global Q4 rev down 1.8% rebased, Adj. EBITDA down 12%; repurchased 18.5% of shares
--------------------------------------------------------------------------------

- Q4 revenue $1,920.5M (down 1.8% rebased YoY); Adj. EBITDA $546.0M (down 12.0% rebased).
- Full-year 2023 Distributable Cash Flow $1,390.8M; ex-$315M tax payment exceeded $1.6B guidance.
- Repurchased 18.5% of shares outstanding from Jan 2023 through Jan 2024; share count reduced to 378M.
- VMO2 JV Q4 Adj. EBITDA $1,195.7M (+6.6% rebased); 2024 JV guidance: stable/declining revenue.
- Balance sheet: $5.3B liquidity, $15.9B debt at 3.4% avg cost; $4B+ cash and liquid securities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1570585/000157058524000025/0001570585-24-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1570585/000157058524000025/lbtya-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001570585-24-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer