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News Corp Activates US$1 Billion Nasdaq Share Repurchase Program
News Corp has announced a US$1 billion share repurchase program for its Nasdaq-listed Class A and B common stock. This buy-back initiative, which excludes ASX-listed CDIs, aims to enhance shareholder value and support the company’s capital management strategy. The repurchases will occur periodically in the open market, influenced by market conditions and stock price.