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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an update.
News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, totaling up to US$1 billion. This repurchase initiative, which does not include ASX-listed CDIs, reflects the company’s strategic decision to optimize its capital structure and potentially enhance shareholder value through market-driven stock repurchases.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media and information services industry, focusing on a range of media products including news and information services, book publishing, digital real estate services, and cable network programming. The company is known for its diversified portfolio that spans publishing, television, and digital content, catering to global markets.
YTD Price Performance: -0.75%
Average Trading Volume: 129,990
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$25.87B
See more insights into NWS stock on TipRanks’ Stock Analysis page.
