August 5, 2009 (FinancialWire) — Liberty Global, Inc. (NASDAQ: LBTYK) has authorized an increase its stock repurchase program by an additional $250 million.

Under the program, Liberty Global may acquire from time to time its series A common stock, series C common stock, or any combination of series A and series C common stock.

According to Liberty, the stock repurchase program may be effected through open market transactions or privately negotiated transactions, which may include derivative transactions.

Englewood, Colorado-based Liberty Global is a cable operator offering video, voice and broadband internet services.

As of June 30, Liberty Global operated networks that served around 17 million customers across 14 countries principally located in Europe, Japan, Chile, and Australia.

Liberty Global’s operations also include programming businesses such as Chellomedia in Europe.

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