News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
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News Corporation has announced an ambitious share repurchase program, aiming to buy back up to $1 billion of its Class A and Class B common stock. The buy-back will depend on market conditions and the company’s stock price, among other factors, and will be conducted on the open market or through other means. No ASX-listed CDIs will be repurchased under this scheme.
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