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SEC charges cable operator with stock buyback controls violations

Signage on wall saying "Charter."
Photo: Yvonne Hemsey/Getty Images

Julie DiMauro

3 min read
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SEC says the company could change the dollar amounts available to buy back stock and the timing of buybacks – after the plans took effect.

On Tuesday, cable operator Charter Communications agreed to pay $25m to settle SEC charges related to stock buyback controls violations.

The penalty will settle the SEC’s charges related to these unauthorized stock buybacks, and it underscores the SEC’s commitment to enforcing regulations related to stock buybacks. It also showcases

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