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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an announcement.
News Corporation has announced an update to its share buy-back program, initially notified on September 22, 2021, and previously amended on February 10, 2025. The company plans to repurchase up to $1 billion worth of its Nasdaq-listed Class A and Class B common stock, subject to market conditions and other factors. This buy-back is expected to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and demonstrating confidence in the company’s financial health.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a diversified media and information services company that primarily focuses on the production and distribution of authoritative and engaging content across various platforms. It operates in several segments including news and information services, book publishing, digital real estate services, cable network programming, and pay-TV distribution.
YTD Price Performance: 9.37%
Average Trading Volume: 133,595
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$27.82B
Learn more about NWS stock on TipRanks’ Stock Analysis page.
