News Corp chief executive Robert Thomson has not ruled out further merger and acquisition activity for the media company as it announces a $US1 billion ($1.38 billion) share buyback program.
Speaking at the Goldman Sachs 30th annual Communacopia Conference after the company announced it had authorised the stock-repurchase program to replace the $US500 million program authorised in May 2013, Mr Thomson said News Corp remains in the market as a buyer.
Loading...
Miranda Ward is a journalist covering media and marketing for The Australian Financial Review based in the Sydney office. Connect with Miranda on Twitter. Email Miranda at miward@afr.com
