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News Corp Announces $1 Billion Stock Buy-Back
Company Announcements

News Corp Announces $1 Billion Stock Buy-Back

News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.

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News Corporation has announced a repurchase program targeting an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. The buy-back plan is dependent on market conditions and other factors, with the company looking to make purchases in the open market or through other means. Notably, no ASX-listed CDIs will be included in this buy-back program.

For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.

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