News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a buy-back program aimed at repurchasing up to $1 billion of its Class A and Class B common stock, contingent on market conditions and other factors. The repurchases are to be carried out on the open market or through other means, but will not include any ASX-listed CDIs. The buy-back announcement, dated September 13, 2024, represents the company’s commitment to enhancing shareholder value.
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