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23-05-2012 09:53:00

British Sky Broadcasting Buys Back 445,000 Shares

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LONDON -(Dow Jones)- British Sky Broadcasting Group PLC (BSY.LN) said Wednesday it purchased 445,000 ordinary shares on May 22 at an average price of 692.00 pence per share for cancellation.

-Shares at 0737 GMT up 1%, at 695 pence, valuing the company at GBP11.7 billion.

-By Mark Shapland, Dow Jones Newswires; +44 207 8429358; mark.shapland@dowjones.com

(END) Dow Jones Newswires

May 23, 2012 03:53 ET (07:53 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

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