BSkyB spending £1bil to soothe investors


BSkyB, whose board on Thursday voted unanimously to keep News Corp boss Rupert Murdoch's son James as its chairman, will return 750mil to investors with a share buyback and a further 253mil pounds via a final dividend of 14.54 pence a share.

The dividend lifts its payout for the full year by 20% to 23.28 pence per share, creating a total dividend pot of over 400mil of which News Corp, as 39% shareholder in BSkyB, will get almost 160mil.

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