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 valued at up to $1 billion for its Nasdaq-listed Class A and Class B common stock. This repurchase initiative is part of the company’s strategy to manage its capital and enhance shareholder value, with no plans to include ASX-listed CDIs in the program. Investors will be keen to watch how this move impacts the stock performance and overall market dynamics.
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