News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a repurchase program intending to buy back up to US$1 billion of its Class A and Class B common stock, listed on Nasdaq. This buy-back is subject to market conditions and other factors, with no repurchase of ASX-listed CDIs planned. The company will execute the buy-back in the open market or through other means from time to time.
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