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News Corporation Announces $1 Billion Stock Buy-Back Program
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News Corporation Announces $1 Billion Stock Buy-Back Program

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Invest with Confidence:

The latest update is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).

News Corporation has announced a buy-back program for up to $1 billion worth of its Nasdaq-listed Class A and Class B common stock. This strategic move, which excludes any ASX-listed CDIs, is aimed at enhancing shareholder value by repurchasing shares from the open market or through other means, subject to market conditions and stock prices.

More about News Corporation Shs B Chess Depository Interests repr 1 Sh

News Corporation is a prominent player in the media and information services industry, primarily focusing on creating and distributing authoritative and engaging content across various platforms. It holds significant market positions in industries such as news and information services, publishing, and digital real estate services.

YTD Price Performance: 2.85%

Average Trading Volume: 108,692

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$26.75B

See more insights into NWS stock on TipRanks’ Stock Analysis page.

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