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News Corporation Announces $1 Billion Stock Buyback Program
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News Corporation Announces $1 Billion Stock Buyback Program

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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an announcement.

News Corporation has announced a repurchase program aimed at buying back up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. This initiative, which does not include ASX-listed CDIs, is subject to market conditions and other factors, and signifies the company’s strategic move to potentially enhance shareholder value and optimize its capital structure.

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

News Corporation is a major player in the media and publishing industry, focusing on providing news and information services through various formats, including print, digital, and multimedia channels. The company operates through multiple subsidiaries and brands, reaching a global audience and catering to diverse market demands.

YTD Price Performance: 7.49%

Average Trading Volume: 111,907

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$27.47B

See more data about NWS stock on TipRanks’ Stock Analysis page.

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