Dividends & Buybacks ·
Liberty Capital announces $60M annualized quarterly dividend starting December 2026
GLIBALiberty Capital Corp
Liberty Capital Corporation reported second quarter 2026 financial results for its subsidiary GCI Communications. Revenue remained flat at $261 million, while operating income declined to $29 million and Adjusted OIBDA fell 11% to $96 million due to increased operating expenses and acquisition costs. The company generated $308 million in net cash from operations over the trailing twelve months. GCI amended its credit facility to secure up to $480 million in additional capacity for the pending Quintillion acquisition and repurchased $129 million of 2028 unsecured notes after quarter-end. Liberty Capital intends to initiate a recurring quarterly dividend beginning in December 2026, with an aggregate amount of approximately $60 million annualized at inception. The company operates as a holding company for GCI Communications, providing telecommunications services including data, mobile, voice, and managed services to consumers, businesses, and government entities throughout Alaska.