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BRITISH SKY BROADCASTING | Share Buyback | RNS

RNS Number : 5442Y
British Sky Broadcasting Group PLC
02 March 2012
 



BRITISH SKY BROADCASTING GROUP PLC - SHARE BUYBACK

 

British Sky Broadcasting Group plc (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 29 November 2011, on 01 March 2012 it purchased 400,000 of its ordinary shares of £0.50 pence each ("shares") for cancellation.

 

The volume weighted average price paid by the Company was 672.7500 pence per share.

 

In accordance with the agreement between the Company and News UK Nominees Limited (and others) dated 28 July 2011 (the "Buyback Agreement"), and shareholder authority granted on 29 November 2011, the Company will today purchase 257,221 shares at 672.7500 pence per share from News UK Nominees Limited for cancellation.

 

Further to yesterday's announcement, the Company confirms that it has in accordance with the Buyback Agreement completed the purchase of 257,221 shares at 674.0800 pence per share from News UK Nominees Limited for cancellation.

 

Following the completion of the above transactions the Company will have 1,719,500,159 votable shares in issue. This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules.

 

Enquiries:

 

Dominic Murray

Assistant Company Secretary                                                     

Telephone: +44 (0)870 240 3000

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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POSUAOBRUWAORAR



British Sky Broadcasting Group plc (Sky) is an entertainment and communications provider. The Company operates a multichannel, multi-platform pay television service in the United Kingdom and Ireland. As of June 30, 2013, the Company had over 11.2 million customers in the United Kingdom and Ireland taking a total of 31.6 million products. The Company retails subscription television (TV) and communications services to residential and commercial premises in the United Kingdom and Ireland. It owns and broadcasts the Sky Channels, which it retails together with the Sky Distributed Channels to its TV customers. In July 2014, British Sky Broadcasting Group PLC acquired 70% interest in Love Productions, an independent production companies. Effective September 04, 2014, British Sky Broadcasting Group PLC acquired an undisclosed minority stake in Znak Jones Production LLC. more »

Share Price (Full)
863p
Change
3.0  0.3%
P/E (fwd)
13.1
Yield (fwd)
4.1
Mkt Cap (£m)
14,784