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 for its Class A and Class B common stock, aiming to buy back up to US$1 billion worth of shares. This buy-back excludes ASX-listed securities and will occur on the open market, contingent on market conditions and stock prices. The move is part of News Corporation’s strategic plan to manage its capital efficiently.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.
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