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 Christmas Offers:

News Corporation has announced a buyback program of up to $1 billion for its Nasdaq-listed Class A and Class B common stock. This strategic move aims to enhance shareholder value by repurchasing shares in the open market, depending on market conditions and stock prices. Importantly, the buyback will not include ASX-listed CDIs.

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