News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a repurchase program targeting an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. The buy-back will be executed on the open market or otherwise, based on market conditions and other factors, ensuring no ASX-listed CDIs are repurchased. This strategic move is aimed at optimizing the company’s stock market performance.
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