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News Corp Initiates Billion-Dollar Stock Buyback Program

News Corp Initiates Billion-Dollar Stock Buyback Program

News Corp (NWSA) has released an update.

News Corporation is actively engaging in a stock repurchase program, with plans to buy back up to $1 billion of its Class A and Class B common stock. Daily updates on these transactions are provided to the Australian Securities Exchange, as required, with additional disclosure in the company’s quarterly and annual reports. Investors should note that these activities include forward-looking statements which are subject to market and economic conditions, and may differ from actual future events or results.

For further insights into NWSA stock, check out TipRanks’ Stock Analysis page.

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