Sky TV ‘convinced’ shares are undervalued

The company was questioned over the merits of its share buyback scheme at today’s annual meeting.

featured-image

The chair of Sky Television has defended the company’s share buyback programme and reiterated that the stock is undervalued at its annual meeting this morning. The statements came after a shareholder questioned the merits of the $15 million buyback, which is on hold while it negotiates with New.