News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a repurchase program, aiming to buy back up to US$1 billion worth of their Class A and Class B common stock, listed on Nasdaq. The buy-back will occur over time, depending on market conditions and stock prices, with no repurchases of ASX-listed CDIs planned. This strategic move reflects the company’s commitment to managing its capital effectively and providing value to its shareholders.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.
