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 listed on Nasdaq. The buy-back will proceed at the company’s discretion, subject to market conditions and stock prices, and will not include ASX-listed CDIs. This strategic move by News Corporation aims to enhance shareholder value through the selective reacquisition of its own shares.
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