News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
News Corporation has announced an update to its buy-back program, aiming to repurchase up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This strategic move reflects the company’s confidence in its financial stability and market position, offering a potential boost to shareholder value. The repurchase will occur over time depending on market conditions and stock price.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.