News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a buy-back program for an aggregate of up to US$1 billion of its Class A and Class B common stock, to be executed based on market conditions and stock prices. The buy-back will involve repurchasing shares from the open market or through other transactions, excluding any ASX-listed CDIs. This move may interest investors as it reflects the company’s proactive approach to managing its capital structure and delivering value.
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