News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
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News Corporation has announced a buy-back program for its Nasdaq-listed Class A and B common stocks, intending to repurchase up to $1 billion worth of shares, depending on market conditions and prices. This strategic move is aimed at enhancing shareholder value and optimizing the company’s capital structure.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.