News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a repurchase program, aiming to buy back up to $1 billion worth of its Class A and Class B common stock, depending on market conditions and stock prices, though no ASX-listed CDIs will be repurchased. The buy-back is part of an ‘Other buy-back’ category and will be conducted on the open market or through other methods. The announcement dated 20/09/2024 specifies no maximum number of securities to be bought back.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.
