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The latest announcement is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
News Corporation announced a repurchase program to buy back up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This move is part of a strategic initiative to enhance shareholder value and optimize the company’s capital structure, though it will not include any ASX-listed CDIs in the buy-back.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a global media company involved in various segments including news and information services, book publishing, and digital real estate services. The company is known for its significant presence in the media industry, providing a wide array of content and services across different platforms.
YTD Price Performance: 0.30%
Average Trading Volume: 113,529
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$26.24B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.
