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News Corporation Announces US$1 Billion Stock Buy-Back Program

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News Corporation Announces US$1 Billion Stock Buy-Back Program

An announcement from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.

News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, aiming to repurchase up to an aggregate of US$1 billion. This buy-back does not include any ASX-listed CDIs and is subject to market conditions and stock prices. The move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

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

YTD Price Performance: 3.56%

Average Trading Volume: 165,830

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$27.19B

For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.

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