The latest announcement 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, aiming to repurchase up to an aggregate of US$1 billion. This strategic move, subject to market conditions and stock prices, is part of the company’s efforts to enhance shareholder value and optimize its capital structure.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a diversified media and information services company. It operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services. The company is known for its global reach and influence in the media industry.
YTD Price Performance: -1.60%
Average Trading Volume: 194,050
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$25.4B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.