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 update to their stock repurchase program, aiming to buy back an aggregate of US$1 billion of the company’s Class A and Class B common stock. The repurchases, which are subject to market conditions and stock prices, will occur on the open market among other avenues, but will not include ASX-listed CDIs. This move reflects the company’s ongoing efforts to enhance shareholder value through strategic stock repurchases.
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