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News Corporation Launches $1 Billion Share Buy-Back
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News Corporation Launches $1 Billion Share Buy-Back

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 share buy-back program to repurchase up to $1 billion of its Nasdaq-listed Class A and Class B common stock. This strategic move aims to enhance shareholder value, with repurchases made subject to market conditions and stock prices. The company will conduct these buy-backs in the open market or through other methods, excluding ASX-listed CDIs.

For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.

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