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 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 subject to market conditions and aims to optimize the company’s capital structure, potentially enhancing shareholder value by reducing the number of outstanding shares.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media and information services industry, providing a range of products including news and information services, book publishing, digital real estate services, and cable network programming. The company is focused on delivering content and services that inform, entertain, and connect people globally.
YTD Price Performance: -1.42%
Average Trading Volume: 174,119
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$25.17B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.