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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an update.
News Corporation has announced a repurchase program targeting up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. The buy-back will occur in the open market or otherwise, based on market conditions and stock prices, with no ASX-listed CDIs being repurchased. This initiative reflects the company’s strategic focus on optimizing its capital structure and potentially enhancing shareholder value.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media industry, primarily providing news and information services, publishing, and digital real estate services. The company is known for its global reach and diverse portfolio, which includes newspapers, book publishing, and various digital assets.
YTD Price Performance: 0.61%
Average Trading Volume: 111,505
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$26.46B
Learn more about NWS stock on TipRanks’ Stock Analysis page.
