News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an update.
News Corporation has announced a buy-back program to repurchase up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This strategic move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value, though it excludes ASX-listed CDIs from the repurchase plan.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a diversified media and information services company primarily involved in the creation and distribution of authoritative and engaging content. The company operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services, targeting a global audience.
YTD Price Performance: 3.56%
Average Trading Volume: 165,830
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$27.19B
Learn more about NWS stock on TipRanks’ Stock Analysis page.