Optimum subsidiary expects to buy 120,000,000 shares in USD 300 million tender offer at USD 2.5 each

Optimum Communications, Inc. Class A

Optimum Communications, Inc. Class A

OPTU

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  • Optimum Communications subsidiary CSC Investments II expects to buy 120,000,000 Class A shares in a $2.5-per-share tender offer.
  • Aggregate purchase price totals USD 300 million, excluding fees and expenses.
  • Preliminary tally shows 254,956,213 shares tendered, including 20,062,734 via guaranteed delivery.
  • Offer was oversubscribed; preliminary proration factor stands at about 47.1%.
  • Shares to be accepted represent about 42.5% of shares outstanding as of June 30, 2026.


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