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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an update.
News Corporation has updated its buy-back program to repurchase up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. This move is subject to market conditions and the stock’s market price, with the intention of repurchasing shares over time in the open market or through other methods. The buy-back does not include ASX-listed CDIs and aims to enhance shareholder value by potentially increasing earnings per share and providing price support.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media industry, primarily focusing on news and information services, book publishing, and digital real estate services. The company is known for its substantial presence in global markets, offering a variety of services and products across different sectors.
YTD Price Performance: 9.37%
Average Trading Volume: 133,595
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$27.82B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.
