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News Corporation Initiates $1 Billion Share Buy-Back Program
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News Corporation Initiates $1 Billion Share Buy-Back Program

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

News Corporation has announced a share buy-back program with the intention of repurchasing up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This move is part of a strategic initiative aimed at optimizing the company’s capital structure and enhancing shareholder value, without involving ASX-listed CDIs in the buy-back.

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

News Corporation operates within the media and information services industry, focusing on publishing, news, and information products. The company offers a range of products including newspapers, digital real estate services, and book publishing, targeting a global market.

YTD Price Performance: -0.95%

Average Trading Volume: 136,866

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$26.06B

Learn more about NWS stock on TipRanks’ Stock Analysis page.

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