News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced an update to their ongoing repurchase program, aiming to buy back up to $1 billion of its Class A and Class B common stock, dependent on market conditions. This buy-back program will not include any ASX-listed CDIs, focusing solely on the company’s Nasdaq-listed shares. The decision reflects the company’s strategic move to manage its capital allocation while providing returns to shareholders.
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