Seven West Media will buy back up to 10 per cent of its shares, after announcing a boost in revenue to $1.5 billion for the 2021/22 financial year.
The result was 21 per cent higher than 20/21, but statutory after-tax profits fell to $211 million - 34 per cent less than the previous year.
"We're in the strongest financial position we've been in for over a decade, and we're well placed to continue that growth and build on our leadership position," managing director and chief executive James Warburton told investors on Tuesday.
