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News Corporation Plans $1 Billion Stock Buy-Back
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News Corporation Plans $1 Billion Stock Buy-Back

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

News Corporation has announced an update to its buy-back program, detailing a repurchase plan for up to $1 billion of its Nasdaq-listed Class A and Class B common stock. The buy-back will take place in the open market or otherwise, considering market conditions and the stock’s market price, without affecting ASX-listed CDIs. This strategic move aims to enhance shareholder value and may occur periodically as conditions permit.

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

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