News Corporation has notified the ASX about their buy-back plans.
They have authorized share repurchase programs totaling $2 billion.
The company intends to repurchase Class A and Class B common stock.
No ASX-listed CDIs will be repurchased in these programs.
Repurchase Programs
Authorized $1 billion share repurchase programs in 2021 and 2025.
Stock Repurchase Strategy
Intends to buy back shares based on market conditions and stock price.
Class of Securities
Buy-back focused on Class A and Class B common stock.
- The buy-back programs aim to enhance shareholder value.
- Market conditions and stock prices will influence the repurchase decisions.
News Corporation's share repurchase programs demonstrate their commitment to returning value to shareholders.