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 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.
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