tiprankstipranks
News Corporation Launches $1 Billion Buy-Back
Company Announcements

News Corporation Launches $1 Billion Buy-Back

News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.

Pick the best stocks and maximize your portfolio:

News Corporation has announced a repurchase program to buy back up to US$1 billion worth of its Class A and Class B common stock, listed on Nasdaq. The buy-back will proceed at the company’s discretion, influenced by market conditions and stock prices, and will not include ASX-listed CDIs. As of the date of the announcement, there are 375,366,906 shares of the class on issue.

For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App