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 targeting up to $1 billion of its Nasdaq-listed Class A and B common stock. This strategic move aims to optimize the company’s capital structure and enhance shareholder value, reflecting confidence in its financial health. The buy-back will occur in the open market, depending on market conditions and stock prices.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
