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News Corp Launches $1 Billion Stock Buy-Back
Company Announcements

News Corp Launches $1 Billion Stock Buy-Back

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

News Corporation has announced a repurchase program targeting an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock, depending on market conditions and other factors. No repurchases will be made under this program for ASX-listed CDIs. The initiative demonstrates News Corporation’s proactive approach to managing its capital structure and delivering value to shareholders.

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

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