Equity |
9 Months Ended |
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Sep. 30, 2026 | |
| Equity [Abstract] | |
| Equity | Equity Share Repurchases In July 2026, our board of directors approved a share repurchase program pursuant to which we are authorized to repurchase up to $100.0 million of our outstanding Class A and/or Class C common shares through December 29, 2026. During the nine months ended September 30, 2026, we repurchased (i) 6,328,325 of our Class A common shares at an average price per share of $10.51 and (ii) 3,281,316 of our Class C common shares at an average price per share of $10.23, for an aggregate purchase price of $100.0 million, including direct acquisition costs. As of September 30, 2026, the authorization under this share repurchase program had been fully utilized. In October 2026, our board of directors authorized the repurchase of up to an additional $100.0 million of our outstanding Class A and/or Class C common shares. Subsidiary Dividends and Distributions From time to time, certain of our subsidiaries make cash distributions to their respective shareholders. Our share of these distributions is eliminated in consolidation and the noncontrolling interest owners’ share of these distributions is reflected as a charge against noncontrolling interests in our condensed consolidated statements of equity. In this regard, during the third quarter of 2026, Wyre paid aggregate dividends of €596.0 million ($678.5 million at the transaction date), of which €398.1 million ($453.2 million at the transaction date) was paid to Telenet and €197.9 million ($225.3 million at the transaction date) was paid to Fluvius System Operator CV.
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