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 Class A and Class B common stock, dependent on market conditions and other factors. The buy-back will occur on the open market or through other transaction methods, without affecting ASX-listed CDIs. This strategic move is aimed at optimizing the company’s stock value for its shareholders.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.
