Arab Today, arab today news corp to repurchase 5 billion in stock
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

News Corp. to repurchase $5 billion in stock

Arab Today, arab today

Arab Today, arab today News Corp. to repurchase $5 billion in stock

New York - AFP

Rupert Murdoch\'s News Corp., under fire over a telephone-hacking scandal in Britain involving the now-shuttered News of the World, announced a $5 billion stock repurchase plan on Tuesday. News Corp. said it planned to acquire $5 billion in Class A common stock and Class B common stock over the next 12 months. It said the repurchase program would begin after August 15. News Corp. shares have lost more than 14 percent on Wall Street over the past week. Following the announcement of a stock repurchase, News Corp. shares gained 5.56 percent to $16.34 in electronic trading ahead of the opening bell in New York. The News of the World scandal has threatened to derail Murdoch\'s multibillion-dollar bid to win full control of the British satellite broadcaster BSkyB. Rupert Murdoch flew into London on Sunday to take charge of a crisis which sparked the closure of the 168-year-old News of the World tabloid, which had been a major part of News Corp.\'s British division News International.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today news corp to repurchase 5 billion in stock Arab Today, arab today news corp to repurchase 5 billion in stock

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today news corp to repurchase 5 billion in stock Arab Today, arab today news corp to repurchase 5 billion in stock

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Media: آخر الأخبار
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday