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. The buy-back plan is dependent on market conditions and other factors, with the company looking to make purchases in the open market or through other means. Notably, no ASX-listed CDIs will be included in this buy-back program.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.
