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 $1 billion of its Class A and Class B common stock, dependent on market conditions and other factors. The buy-back is not applicable to ASX-listed CDIs and will occur in the open market or through other channels. This initiative reflects the company’s strategic efforts to manage its capital and enhance shareholder value.
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