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News Corporation Announces Cessation of Class B Securities

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News Corporation Announces Cessation of Class B Securities

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

News Corporation has announced the cessation of 32,535 Class B common stock securities due to a buy-back cancellation, effective March 7, 2025. This move may impact the company’s capital structure and could be part of a broader strategy to optimize shareholder value or adjust its financial strategies.

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

News Corporation is a diversified media and information services company. It operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services, with a focus on delivering content to a global audience.

YTD Price Performance: 1.68%

Average Trading Volume: 167,530

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$26.4B

Learn more about NWS stock on TipRanks’ Stock Analysis page.

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