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 an aggregate of $1 billion of its Nasdaq-listed Class A and Class B common stock. The buy-back is subject to market conditions, stock prices, and other factors, and will not include ASX-listed CDIs. This move represents the company’s latest effort to manage its capital and potentially increase shareholder value.
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