tiprankstipranks
Company Announcements

News Corporation Announces US$1 Billion Stock Buyback Program

Story Highlights
News Corporation Announces US$1 Billion Stock Buyback Program

Discover the Best Stocks and Maximize Your Portfolio:

News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an announcement.

News Corporation has announced a repurchase program for its Nasdaq-listed Class A and Class B common stock, amounting to up to US$1 billion, subject to market conditions and stock prices. This initiative, which excludes ASX-listed CDIs, is expected to enhance shareholder value and reflects the company’s confidence in its market position.

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

News Corporation is a prominent player in the media and publishing industry, offering a wide range of services including news, information, and entertainment. The company operates across various platforms, focusing on delivering content through print, digital, and television channels.

YTD Price Performance: 9.94%

Average Trading Volume: 139,993

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$27.74B

See more data about NWS stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1