News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
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News Corporation has announced an update to its buy-back program, aiming to repurchase up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This strategic move reflects the company’s confidence in its financial stability and market position, offering a potential boost to shareholder value. The repurchase will occur over time depending on market conditions and stock price.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.