News Corporation Reports Strong Financial Growth
Company Announcements

News Corporation Reports Strong Financial Growth

News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.

News Corporation has reported a revenue increase of $206 million, a significant 79% rise in net income to $266 million for the fiscal year ended June 30, 2024. The company declared total dividends of US$0.20 per share for both Class A and Class B common stock, maintaining the same dividend rate as the previous year. Net tangible asset backing per share has also increased from US$2.30 to US$2.64 year-over-year.

For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.

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