News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a repurchase program, aiming to buy back up to $1 billion of its Class A and Class B common stock, depending on market conditions and stock prices. The buy-back will not include ASX-listed CDIs and is intended to occur over time through open market transactions or other means. As of this announcement, there are 163,090,592 securities issued in the class targeted for repurchase.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.
