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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 significant buy-back program, indicating plans to repurchase up to $1 billion of its Class A and Class B common stock listed on Nasdaq. This move, which excludes the ASX-listed CDIs, aims to consolidate the company’s equity structure and could have implications for investor confidence and stock market performance, reflecting strategic financial management in response to market conditions.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a global media and information services company with properties spanning across various segments including news and information services, book publishing, digital real estate services, and cable network programming.
YTD Price Performance: -0.95%
Average Trading Volume: 136,866
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$26.06B
See more insights into NWS stock on TipRanks’ Stock Analysis page.