tiprankstipranks
News Corporation Announces $1 Billion Stock Buyback
Company Announcements

News Corporation Announces $1 Billion Stock Buyback

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

Don't Miss our Black Friday Offers:

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.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App