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, subject to market conditions. The buy-back will occur intermittently, depending on the stock’s market price and other influencing factors, with no ASX-listed CDIs included in the program. This strategic move aims to enhance shareholder value and reflects the company’s commitment to managing its capital effectively.
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