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 to buy back up to $1 billion worth of its Nasdaq-listed Class A and Class B common stock. This strategic move aims to optimize the company’s capital structure, demonstrating confidence in its financial health and future prospects. The buy-back will occur in the open market, depending on market conditions and the stock’s price.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.
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