News Corp (NWSA) has released an update.
News Corporation is actively engaged in its stock repurchase program, with the authority to buy back up to $1 billion in Class A and Class B shares. Daily transaction disclosures are made to the Australian Securities Exchange as per their rules, with quarterly and annual reports further detailing the program. However, future repurchases are considered “forward-looking statements,” subject to market conditions and other factors that could influence the company’s stock and investment decisions, with no obligation to update these statements unless mandated by law or regulations.
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