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 repurchase program for up to $1 billion of its Class A and Class B common stocks, aiming to buy back shares periodically based on market conditions. This move, targeting Nasdaq-listed securities, reflects the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.