tiprankstipranks
Company Announcements

News Corporation Announces Cessation of Class B Shares

Story Highlights
News Corporation Announces Cessation of Class B Shares

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

News Corporation has announced the cessation of 32,535 shares of its Class B common stock, which were canceled as part of a buy-back process. This move could potentially impact the company’s share capital structure and market perception, as buy-backs are often seen as a strategy to enhance shareholder value.

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

YTD Price Performance: 3.56%

Average Trading Volume: 165,187

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$27.28B

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

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1