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 buy-back program to repurchase up to $1 billion of its Class A and Class B common stock, listed on Nasdaq. This strategic move, subject to market conditions and stock prices, is aimed at enhancing shareholder value. No CDIs listed on the ASX will be included in this buy-back initiative.
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