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News Corp Launches $1 Billion Stock Buy-Back
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News Corp Launches $1 Billion Stock Buy-Back

News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.

News Corporation has announced a repurchase program, targeting up to US$1 billion of its Class A and Class B common stock, listed on Nasdaq. This buy-back is dependent on market conditions and share price considerations, and does not include repurchases of ASX-listed CDIs. The company’s buy-back plan was revealed in a daily buy-back notification dated 30/04/2024.

For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.

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