tiprankstipranks
News Corporation Announces $1 Billion Stock Buy-back
Company Announcements

News Corporation Announces $1 Billion Stock Buy-back

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

Don't Miss our Black Friday Offers:

News Corporation has announced a buy-back program, aiming to repurchase up to $1 billion of its Nasdaq-listed Class A and Class B common stock, depending on market conditions and stock prices. This move, which does not include ASX-listed CDIs, highlights the company’s strategy to potentially enhance shareholder value and optimize its capital structure.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App