News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a repurchase program targeting an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock, dependent on market conditions and other factors. The buy-back is not applicable to ASX-listed CDIs and intends to be executed over time through open market transactions or otherwise. The announcement dated September 13, 2024, specifies there is no intention to repurchase a minimum number of securities, but there is a maximum limit set.
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