News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced an update to their stock repurchase program, aiming to buy back up to US$1 billion worth of its Nasdaq-listed Class A and Class B common stock. The buy-back is subject to market conditions and other factors, and will not include any ASX-listed CDIs. This move reflects the company’s intention to actively manage its capital allocation and enhance shareholder value over time.
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