News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an announcement.
News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, with a total repurchase value of up to US$1 billion. This strategic move is aimed at optimizing the company’s capital structure and is subject to market conditions and stock prices, potentially impacting shareholder value positively by reducing the number of outstanding shares.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a diversified media and information services company, primarily focusing on the creation and distribution of authoritative and engaging content to consumers and businesses throughout the world. The company operates in various segments, including news and information services, book publishing, digital real estate services, and subscription video services.
YTD Price Performance: 3.56%
Average Trading Volume: 165,830
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$27.19B
See more data about NWS stock on TipRanks’ Stock Analysis page.
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