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 targeting up to $1 billion of its Class A and Class B common stock listed on Nasdaq. The buyback, which excludes ASX-listed CDIs, will depend on market conditions and stock prices. This strategic move aims to enhance shareholder value by leveraging favorable market conditions.

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