Buyback leaves Murdoch with 39% of BSkyB

Rupert Murdoch

Rupert Murdoch's News Corporation has increased its shareholding in BSkyB to 39% as a result of a share buyback.

A regulatory filing said News Corp now owned 686m shares in the digital satellite pay-TV operator, 39% of the ordinary shares in the company.

News Corp had owned 37% of BSkyB before the latest share buyback. In January, 2005, Sky said a previous buyback had seen Murdoch lift his interest from 35%.

Lovelace Consulting  |  02.10.2006

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