News Corporation Announces $1 Billion Buy-Back
Company Announcements

News Corporation Announces $1 Billion Buy-Back

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

News Corporation has announced a significant repurchase program, aiming to buy back up to $1 billion of its Class A and Class B common stock, dependent on market conditions and other factors. The buy-back will not include any ASX-listed CDIs and will occur on an open market or through other means, signaling the company’s confidence in its financial stability and commitment to shareholder value.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!