News Corp announces cancellation of its Class A shares

News Corporation Shs B Chess deposit interest repr 1 Sh (AU:NWS) posted an update.

News Corporation announced the cancellation of 58,322 of its Class A common shares, effective June 21, 2024. This step is part of a repurchase program, indicating a reduction in the number of shares available in the market. The announcement is dated June 22, 2024 and marks a significant change in the company’s issued capital structure.

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