News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced an ambitious repurchase program, signaling its intention to buy back up to $1 billion of its Class A and Class B common stock. The buybacks, which are subject to market conditions and stock prices, will not include ASX-listed CDIs and will occur sporadically either in the open market or through other avenues. This strategic move reflects the company’s commitment to managing its capital and delivering value to shareholders.
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