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 repurchase program targeting up to $1 billion in its Nasdaq-listed Class A and Class B common stock. The buy-back will occur in the open market or otherwise, depending on market conditions and stock prices. This strategic move aims to enhance shareholder value by reducing the number of outstanding shares.
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