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 substantial buy-back program, aiming to repurchase up to $1 billion worth of its Nasdaq-listed Class A and B common stock. This move reflects the company’s strategy to enhance shareholder value by reducing the number of outstanding shares. The buy-back will be conducted in the open market, subject to market conditions and stock prices.
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