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US SEC Says Charter Communications To Pay $25M Penalty For Unauthorized Stock Buybacks

November 14, 2023 4:05 PM EST
(Updated - November 14, 2023 4:17 PM EST)

US SEC Says Charter Communications To Pay $25M Penalty For Unauthorized Stock Buybacks

  • The U.S. Securities and Exchange Commission said on Tuesday that Charter Communications will pay a $25 million penalty for unauthorized stock buybacks.

  • It said the company violated internal accounting controls requirements when it engaged in stock buybacks not authorized by its board of directors.



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Litigation, Stock Buybacks, Trader Talk