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

News Corp Announces $1 Billion Stock Buy-Back Plan

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

News Corporation has announced a repurchase program with plans to buy back up to $1 billion of its Nasdaq-listed Class A and Class B common stock. The buy-back is subject to market conditions, stock price, and other factors, with the company indicating purchases will occur from time to time in the open market or through other means. Notably, no ASX-listed CDIs will be repurchased under this program.

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

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