News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an announcement.
News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, with a total repurchase value of up to US$1 billion. This strategic move, which excludes ASX-listed CDIs, is subject to market conditions and aims to optimize the company’s capital structure, potentially enhancing shareholder value and signaling confidence in its financial health.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media and information services industry, providing a range of products and services including news and information, book publishing, digital real estate services, and cable network programming. The company is known for its global reach and influence, with a focus on delivering content across various platforms.
YTD Price Performance: -2.90%
Average Trading Volume: 204,933
Technical Sentiment Signal: Sell
Current Market Cap: A$24.2B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.