News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an update.
News Corporation has announced a repurchase program for up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. This buy-back initiative is subject to market conditions and will not include any ASX-listed CDIs. The decision to repurchase shares is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media and information services industry, providing a range of products and services including news and information, book publishing, digital real estate services, and cable network programming. The company focuses on delivering content across various platforms to a global audience, leveraging its strong market presence and brand recognition.
YTD Price Performance: -2.15%
Average Trading Volume: 200,122
Technical Sentiment Signal: Sell
Current Market Cap: A$24.83B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.