News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a stock repurchase program, aiming to buy back up to US$1 billion of its Class A and Class B common stock, listed on Nasdaq. The buy-back is subject to market conditions, stock prices, and other considerations, with no repurchases planned for ASX-listed CDIs. This move reflects the company’s intention to make opportunistic repurchases in the open market or other venues over time.
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