News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
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News Corporation has announced a buy-back program aiming to repurchase up to $1 billion of its Nasdaq-listed Class A and Class B common stock. The company intends to execute these repurchases based on market conditions, excluding its ASX-listed CDIs from this initiative. This move is part of a broader strategy to optimize the capital structure and potentially enhance shareholder value.
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