John Malone Acquires Additional Liberty Latin America Preference Shares
Billionaire John C. Malone has purchased an additional 37,082 Series A preference shares in Liberty Latin America Ltd (NASDAQ:LILA), valued at approximately $758,000 based on a weighted average price of $20.43 per share. The transaction occurred over two days—Sept. 16 and Sept. 17, 2026—and follows a period where the stock delivered a total return of about 75% in the preceding year. Malone now holds both direct and indirect positions totaling approximately 3.8 million shares with an estimated market value of $32.41 million as of September 17, 2026. The purchase price significantly exceeded LILA's common stock closing price on Sept. 18 at $8.41 per share, indicating a premium transaction. Malone’s holdings are primarily through charitable remainder unitrusts and the Leslie A. Malone Revocable Trust, though he disclaims beneficial ownership beyond his pecuniary interest. Liberty Latin America operates in telecommunications across several Caribbean and Central American countries with $4.5 billion in trailing twelve-month revenue but reported a net loss of $98.2 million for that period.
Tickers: $LILA
Topics: insider activity preference shares stock transactions