News Corporation Announces $1 Billion Buyback Plan

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

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News Corporation has announced a repurchase program aiming to buy back up to $1 billion of its Nasdaq-listed Class A and B common stock. This strategic move is subject to market conditions and stock prices, and no ASX-listed CDIs will be involved in this buyback. Investors should watch how this buyback might influence the company’s stock value and market performance.

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

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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