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 massive repurchase program, planning to buy back up to $1 billion worth of its Class A and Class B common stock listed on Nasdaq. This strategic move aims to optimize their capital structure and enhance shareholder value, reflecting confidence in the company’s future performance.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.