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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 involving the repurchase of up to US$1 billion worth of its Nasdaq-listed Class A and Class B common stock. The repurchase will be conducted in the open market or through other methods, without including ASX-listed CDIs in this program. This strategic move aims to optimize the company’s capital structure, potentially enhancing shareholder value and reflecting confidence in the company’s financial performance.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
YTD Price Performance: -1.76%
Average Trading Volume: 138,437
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$25.94B
Learn more about NWS stock on TipRanks’ Stock Analysis page.