News Corporation announced updates regarding its stock repurchase program, which authorizes the buyback of up to $1 billion in Class A and Class B common stock. Under Australian Securities Exchange (ASX) rules, the company provides daily disclosure of repurchase activities. Further details about these transactions were included in the information submitted to the ASX, which is attached as exhibits in the filing.
The repurchase program reflects the company's intent to manage its capital effectively while adapting to market conditions. News Corporation emphasized that forward-looking statements about the program are based on current expectations and are subject to risks and uncertainties, including stock price fluctuations and regulatory changes.
2025-01-21
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