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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an update.
News Corporation has announced a buy-back program aimed at repurchasing up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. This strategic move is intended to adjust the company’s capital structure and potentially enhance shareholder value, although it excludes any repurchase of ASX-listed CDIs.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media and publishing industry, providing a diverse range of products and services including news, information, and entertainment. The company’s market focus is on delivering high-quality content across multiple platforms, maintaining a strong presence in the global media landscape.
YTD Price Performance: 10.79%
Average Trading Volume: 140,859
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$28.5B
For an in-depth examination of NWS stock, go to TipRanks’ Stock Analysis page.
