News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced an ambitious repurchase program aiming to buy back up to US$1 billion of its Class A and Class B common stock. The buy-back is subject to market conditions and other factors, with the intention of executing purchases over time in the open market or through other transactions. There will be no repurchase of ASX-listed CDIs as part of this program.
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