News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a repurchase program targeting up to US$1 billion of its Nasdaq-listed Class A and Class B common stock, depending on market conditions and other factors. The buy-back does not include any ASX-listed CDIs and is part of the company’s strategy to buy back shares from the open market or through other means. The total number of shares on issue in the classes to be bought back is 376,215,816.
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