Skip to Primary Navigation

SEC charges cable operator with stock buyback controls violations

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

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

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience