June 1 On Deck for Liberty Latin America After Malone Buy, 9% Yield: LILA Watch
Liberty Latin America Ltd. shares pointed lower in premarket U.S. trading Thursday after new filings and exchange notices clarified two big issues: John Malone’s block buy and the company’s plan to pay out preferred shares. June 1 is set as the next big marker for the stock. Nasdaq says when-issued trading for both the common and new preferred shares should start that day. Regular trading hadn't kicked off yet; Nasdaq lists its main session as 9:30 a.m. to 4:00 p.m. Eastern, with pre-market hours from 4:00 a.m. to 9:30 a.m.