News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an update.
News Corporation announced an update to its buy-back program, which involves the repurchase of up to US$1 billion of its Class A and Class B common stock. This strategic move, subject to market conditions and stock prices, is designed to enhance shareholder value and reflects the company’s confidence in its financial stability. The buy-back will not include ASX-listed CDIs and signifies the company’s commitment to optimizing its capital structure.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a multinational media and information services company known for its diverse range of businesses in the realms of news, information, book publishing, digital real estate services, and cable network programming. The company operates globally, providing media content and services that cater to various audiences and stakeholders.
YTD Price Performance: 3.84%
Average Trading Volume: 158,316
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$26.59B
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