An announcement from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, with plans to repurchase up to an aggregate of US$1 billion. This strategic move, dependent on market conditions and stock prices, aims to optimize capital allocation and potentially enhance shareholder value, although it excludes ASX-listed CDIs from the repurchase.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a diversified media and information services company, primarily engaged in the creation and distribution of authoritative and engaging content to consumers and businesses throughout the world. Its primary products and services include news and information services, book publishing, digital real estate services, and cable network programming.
YTD Price Performance: -0.02%
Average Trading Volume: 173,752
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$25.32B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com