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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 stock repurchase program, targeting the buy-back of an aggregate of US$1 billion worth of its Class A and Class B common stock. The repurchases, which are contingent on market conditions and stock prices, will be carried out on an open market or through alternative means. Notably, no ASX-listed CDIs will be involved in this buy-back scheme.

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

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