News Corp Cancels 219,927 Class B Shares in Capital Management Move

2026-04-06 21:22:05

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News Corp announced the cancellation of 219,927 Class B common stock shares on the Australian Securities Exchange as part of a buy-back completed on March 27, 2026. This move reflects the company’s active capital management efforts to optimize its balance sheet and potentially enhance value for remaining shareholders by reducing the total share count. The shares, traded under the ASX code NWSAB, are part of News Corporation’s global media and information services interests.

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