News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a buy-back program to repurchase up to $1 billion worth of its Nasdaq-listed Class A and Class B common stock. This strategic move is aimed at optimizing the company’s capital structure and enhancing shareholder value. The buy-back will occur subject to market conditions, and no ASX-listed CDIs will be included in this program.
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