News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a repurchase program targeting up to $1 billion of its Nasdaq-listed Class A and Class B common stock, contingent on market conditions. This buy-back scheme, not extending to ASX-listed CDIs, will occur through open market transactions or alternative means over time. The company’s decision reflects its strategic intent to manage capital allocation efficiently.
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