STOCK TITAN

LIBERTY TRIPADVISOR HLD B - LTRPB STOCK NEWS

Welcome to our dedicated page for LIBERTY TRIPADVISOR HLD B news (Ticker: LTRPB), a resource for investors and traders seeking the latest updates and insights on LIBERTY TRIPADVISOR HLD B stock.

Liberty TripAdvisor Holdings, Inc. (LTRPB) is a holding company that owns a portfolio of online travel brands, including Tripadvisor, the world's largest travel platform. Through its subsidiaries, LTRPB provides users with a comprehensive database of reviews, ratings, and recommendations for hotels, restaurants, attractions, and more. The company's business model is based on advertising and subscription services, connecting travelers with businesses worldwide. With a focus on user-generated content and data analytics, LTRPB strives to enhance the travel experience for millions of users globally.

Rhea-AI Summary

Liberty TripAdvisor announced the appointment of Christy Haubegger to its Board of Directors effective May 10, 2021. Haubegger, the Executive Vice President at WarnerMedia, will contribute her expertise in communications and inclusion. Her prior experience includes leading multicultural strategies at Creative Artists Agency and serving as CEO of Latina magazine. The company also scheduled its virtual Annual Meeting for July 28, 2021, where stockholders can participate via an online platform. Key details regarding nominations and proposals for the meeting have been outlined.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.42%
Tags
management
-
Rhea-AI Summary

Liberty TripAdvisor Holdings, Inc. (Nasdaq: LTRPA, LTRPB) announced that Greg Maffei, its Chairman, President, and CEO, will present at the MoffettNathanson Media & Communications Virtual Summit on May 12 at 2:00 p.m. E.D.T. The presentation will cover the company’s financial performance and future outlook. Interested parties can register for the live webcast on the company’s website, where an archive will be available for 180 days post-event following SEC filings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
Tags
conferences
-
Rhea-AI Summary

Liberty TripAdvisor Holdings invites shareholders and analysts to a Q&A session following Liberty Broadband Corporation’s Q1 earnings call on May 7th at 11:15 a.m. (E.D.T.). Hosted by CEO Greg Maffei, the call will cover the financial performance and outlook of both companies. The call will include a live internet broadcast, with replays available on the Liberty TripAdvisor website. Shareholders can participate by calling GlobalMeet with a provided passcode 10 minutes before the session.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.86%
Tags
none
Rhea-AI Summary

Liberty TripAdvisor Holdings (Nasdaq: LTRPA, LTRPB) has successfully issued an additional $30 million of 0.50% exchangeable senior debentures due 2051, following the exercise of the Overallotment Option. These funds were partially utilized to repurchase 10,665 shares of its 8% Series A Cumulative Redeemable Preferred Stock from Certares Management, totaling 137,586 shares repurchased for approximately $373 million. The transaction was financed through $281 million cash and $92 million in Tripadvisor, Inc. common stock. After this transaction, Liberty TripAdvisor holds about 16.4 million shares of Tripadvisor, representing a 22% economic interest.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.63%
Tags
buyback offering
-
Rhea-AI Summary

Liberty TripAdvisor announced the repurchase of 126,921 shares of its 8% Series A Cumulative Redeemable Preferred Stock in a private transaction with Certares Management for approximately $344 million.

This transaction, funded by $252 million in cash from previously announced senior debentures and $92 million in Tripadvisor common stock, represents 39% of Certares' Preferred Shares. Following this repurchase, Liberty TripAdvisor will have about 198,000 Preferred Shares outstanding, valued at approximately $538 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.35%
Tags
buyback
-
Rhea-AI Summary

Liberty TripAdvisor Holdings has closed a private offering of $300 million in 0.50% exchangeable senior debentures due in 2051, with an option for purchasers to buy an additional $30 million. Each $1,000 bond is exchangeable for approximately 14.33 shares of Tripadvisor common stock, priced at $69.78 per share. Proceeds will fund part of a $344 million transaction to repurchase 39% of its 8% Preferred Shares from Certares Management. This transaction is expected to conclude by March 29, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.84%
Tags
Rhea-AI Summary

Liberty TripAdvisor Holdings has priced a private offering of $300 million in 0.50% exchangeable senior debentures due 2051, exchangeable for Tripadvisor, Inc. (TRIP) common stock. An additional $30 million option is available for initial purchasers. The offering aims to fund the repurchase of approximately 39% of its 8% Series A Preferred Shares from Certares Management for around $344 million. Following the transaction, Liberty TripAdvisor would maintain a 22% economic interest in TRIP. The closing is anticipated by March 25, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
buyback offering
-
Rhea-AI Summary

Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPA, LTRPB) plans to offer $300 million in exchangeable senior debentures due 2051, potentially increasing to $330 million if additional options are exercised. These debentures are exchangeable for Tripadvisor, Inc. (TRIP) stock. The proceeds will be used to repurchase about 40% of preferred shares from Certares Management LLC in a pending transaction. The repurchase is subject to market conditions and will not be registered under the Securities Act, limiting sales to qualified institutional buyers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Liberty TripAdvisor Holdings, Inc. (Nasdaq: LTRPA, LTRPB) announced a repurchase agreement with Certares Management LLC, aiming to buy back approximately 40% of the 8% Series A Cumulative Redeemable Preferred Stock. The repurchase will be financed through $92 million in Tripadvisor common stock and proceeds from Exchangeable Senior Debentures. Certares has waived its right to redeem the Preferred Shares before the mandatory redemption date and agreed to maintain a strategic partnership with Liberty TripAdvisor.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
buyback
Rhea-AI Summary

Liberty TripAdvisor Holdings, Inc. (Nasdaq: LTRPA, LTRPB) will have its Chairman, President, and CEO, Greg Maffei, present at the Deutsche Bank Media, Internet and Telecom Conference on March 8 at 4:00 p.m. E.S.T. Maffei is expected to discuss the company's financial performance and future outlook. The presentation will be streamed live online, and interested individuals can register via the company's website. An archive will be available for 180 days post-event.

Liberty TripAdvisor Holdings, Inc. operates TripAdvisor, the world’s largest online travel community.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.12%
Tags
conferences

FAQ

What is the current stock price of LIBERTY TRIPADVISOR HLD B (LTRPB)?

The current stock price of LIBERTY TRIPADVISOR HLD B (LTRPB) is $0.5499 as of December 24, 2024.

What is the market cap of LIBERTY TRIPADVISOR HLD B (LTRPB)?

The market cap of LIBERTY TRIPADVISOR HLD B (LTRPB) is approximately 50.3M.

What does Liberty TripAdvisor Holdings, Inc. do?

Liberty TripAdvisor Holdings, Inc. is a holding company that owns and operates a portfolio of online travel brands, with Tripadvisor being the most prominent.

What is Tripadvisor?

Tripadvisor is the world's largest travel platform, offering users reviews, ratings, and recommendations for hotels, restaurants, and attractions.

How does Liberty TripAdvisor Holdings, Inc. generate revenue?

LTRPB generates revenue through advertising and subscription services, connecting travelers with businesses worldwide.

What is the focus of Liberty TripAdvisor Holdings, Inc.'s business model?

The company's business model focuses on user-generated content and data analytics to enhance the travel experience for its users.

What sets Liberty TripAdvisor Holdings, Inc. apart in the travel industry?

LTRPB's emphasis on user-generated content and data analytics distinguishes it in the travel industry, providing valuable insights and recommendations to travelers.

How does Liberty TripAdvisor Holdings, Inc. benefit travelers?

By offering a comprehensive database of reviews, ratings, and recommendations, LTRPB helps travelers make informed decisions about their trips and accommodations.

What is Liberty TripAdvisor Holdings, Inc.'s global reach?

LTRPB connects users with businesses worldwide, making it a go-to platform for travelers seeking information and recommendations.

What is the mission of Liberty TripAdvisor Holdings, Inc.?

LTRPB's mission is to enhance the travel experience for millions of users globally by providing valuable insights, reviews, and recommendations.

How does Liberty TripAdvisor Holdings, Inc. contribute to the travel industry?

By promoting user-generated content and data analytics, LTRPB contributes to the growth and improvement of the travel industry, benefiting both businesses and travelers.

What growth opportunities does Liberty TripAdvisor Holdings, Inc. pursue?

LTRPB seeks growth opportunities through strategic partnerships, innovative technologies, and a commitment to enhancing the user experience on its platforms.

LIBERTY TRIPADVISOR HLD B

Nasdaq:LTRPB

LTRPB Rankings

LTRPB Stock Data

50.29M
72.21M
96.59%
0%
Internet Content & Information
Communication Services
Link
United States of America
Englewood