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 repurchase program targeting up to US$1 billion worth of its Nasdaq-listed Class A and Class B common stock. The buy-back will occur in the open market or otherwise, depending on market conditions and stock prices. This strategic move underscores the company’s confidence in its financial position and future prospects.
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