British Sky Broadcasting Group plc : BSkyB Buys Back 600,000 Shares/Average 704.03P
05/03/2012| 03:55am US/Eastern
British Sky Broadcasting Group PLC (BSY.LN) said Thursday that on May 2 it purchased 600,000 of its ordinary shares for cancellation at an average price of 704.0313 pence per share.
-BSkyB will Thursday purchase 385,832 shares at 704.0313 pence per share from News U.K. Nominees Ltd. for cancellation.
-Shares at 0735 GMT up 4 pence, or 0.5%, at 705 pence valuing the company at GBP11.91 billion.
-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; firstname.lastname@example.org