News Corporation Plans $1 Billion Stock Buy-Back
Company Announcements

News Corporation Plans $1 Billion Stock Buy-Back

News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.

News Corporation Shs B Chess Depository Interests has announced a repurchase program, targeting up to US$1 billion of its Class A and Class B common stock. The buy-back is subject to market conditions and the company’s stock price, and it will take place on the open market or through other methods. Notably, no ASX-listed CDIs are included in this buy-back initiative.

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

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