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BSkyB is likely to announce a share buyback of as much as £1B ($1.64B) Friday, WSJ...

BSkyB is likely to announce a share buyback of as much as £1B ($1.64B) Friday, WSJ reports, in a step toward retooling itself after the collapse of News Corp.'s (NWS) bid to buy the rest of the company. Its board is expected to meet tomorrow to discuss earnings, the shareholder payment and the status of chairman James Murdoch.
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