News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a repurchase program aimed at buying back up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. The buy-back is subject to market conditions, stock prices, and other factors, and it will not involve ASX-listed CDIs. The initiative represents a significant return of capital to shareholders and reflects the company’s commitment to managing its capital efficiently.
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