News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a share repurchase program, planning to buy back up to US$1 billion of its Class A and Class B common stock, listed on Nasdaq. The buy-back is subject to market conditions and other factors, with the intention to make the purchases intermittently in the open market or through other methods. No ASX-listed CDIs will be bought back as part of this program.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.
