News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a repurchase program to buy back up to $1 billion of its Class A and Class B common stock, listed on Nasdaq. The buy-back will occur intermittently, based on market conditions and the stock’s market price, among other factors. Notably, no ASX-listed CDIs will be involved in this repurchase scheme.
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