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 buyback program involving up to US$1 billion of its Nasdaq-listed Class A and Class B common stock as part of an effort to bolster shareholder value. The company plans to execute the buyback in the open market or through other means, depending on market conditions and stock prices. This strategic move aims to enhance the company’s investment appeal amidst fluctuating market dynamics.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.