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News Corporation Launches $1 Billion Buy-Back Program

News Corporation Launches $1 Billion Buy-Back Program

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 worth of its Nasdaq-listed Class A and Class B common stock. The repurchases will be made on the open market or otherwise, depending on market conditions and stock prices. This strategic move is aimed at potentially enhancing shareholder value.

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

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