News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a repurchase program aimed at buying back up to $1 billion of its Nasdaq-listed Class A and Class B common stock. This buy-back will occur periodically depending on market conditions, stock prices, and other factors, and will not include any ASX-listed CDIs. The buy-back is part of the company’s strategy to manage its capital allocation and return value to its shareholders.
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