tiprankstipranks
News Corporation Updates $1 Billion Stock Buy-Back
Company Announcements

News Corporation Updates $1 Billion Stock Buy-Back

News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.

Don't Miss Our Christmas Offers:

News Corporation has announced an update to its stock buy-back program, with plans to repurchase up to $1 billion of its Class A and Class B common stock, listed on Nasdaq. The company will buy back shares in the open market or through other means, while the buy-back does not include any ASX-listed CDIs. This strategic move aims to enhance shareholder value amid prevailing market conditions.

For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App