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, conditional on market conditions and stock prices. The buy-back will be carried out on the open market or through other means, but will not include any ASX-listed CDIs. This strategic move aims to enhance shareholder value and reflects the company’s confidence in its financial strength.
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