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 buy-back program to repurchase up to $1 billion of its Nasdaq-listed Class A and Class B common stock. This strategic move, aimed at enhancing shareholder value, will be executed based on market conditions and stock price. However, no ASX-listed CDIs will be included in this buy-back initiative.
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