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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 buy-back program aimed at repurchasing up to $1 billion of its Class A and Class B common stock. This initiative, which will not include ASX-listed CDIs, is subject to market conditions and aims to enhance shareholder value by reducing the number of shares outstanding, potentially impacting the company’s stock price positively 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, offering a range of products including news and publishing services. The company focuses on delivering content through various platforms, including print and digital media, with a market reach that extends internationally.
YTD Price Performance: -1.68%
Average Trading Volume: 136,267
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$25.82B
See more data about NWS stock on TipRanks’ Stock Analysis page.