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News Corp Outlines US$1 Billion Share Repurchase Plan for Nasdaq-Listed Stock
News Corp has announced a US$1 billion share repurchase program for its Nasdaq-listed Class A and Class B common stock. This buy-back initiative, which excludes ASX CDIs, is part of the company’s capital management strategy and will be executed based on market conditions. The program is expected to impact the liquidity and earnings per share of its U.S.-listed stock.