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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an announcement.
News Corporation has announced a repurchase program for up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. This buy-back does not include any ASX-listed CDIs and is subject to market conditions and stock prices, reflecting the company’s strategic move to potentially 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 focused on creating and distributing authoritative and engaging content to consumers globally. The company’s primary products and services include news and information services, digital real estate services, book publishing, and cable network programming. It operates in various markets worldwide, with a significant focus on the United States and other international markets.
YTD Price Performance: -0.55%
Average Trading Volume: 123,572
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$26.05B
See more insights into NWS stock on TipRanks’ Stock Analysis page.
