News Corp initiates $1 billion share repurchase program for Class A stock
News Corporation announced a buyback program authorizing repurchase of up to $1 billion in aggregate of the company's Class A common stock. The share repurchase reflects management confidence and is a common capital allocation strategy to enhance shareholder value.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
Get real-time financial news in your trading bot or app
GET FREE KEY — 10,000 calls/day