News Corp Initiates $1 Billion Stock Buy-Back
Company Announcements

News Corp Initiates $1 Billion Stock Buy-Back

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

News Corporation has announced a repurchase program aimed at buying back up to $1 billion of its Class A and Class B common stock, listed on Nasdaq. The buy-back is subject to market conditions, stock prices, and other factors, and it will not involve any ASX-listed CDIs. This move reflects the company’s intent to make strategic purchases in the open market or through other means over time.

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

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