(Reuters) -Broadcaster Fox Corp said on Wednesday it would buy back $3 billion worth of additional shares, taking the total authorization to $7 billion.
The repurchase covers class A and class B common stocks.
Separately, the company said second-quarter revenue rose about 4% to $4.61 billion, beating analysts’ estimate of $4.58 billion, according to Refinitiv data.
(Reporting by Yuvraj Malik in Bengaluru)
