News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an update.
News Corporation has announced an update to its buy-back program, focusing on the repurchase of its Nasdaq-listed Class A and Class B common stock. The company plans to buy back up to an aggregate of US$1 billion worth of these stocks, subject to market conditions and stock prices. This strategic move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
YTD Price Performance: 1.68%
Average Trading Volume: 167,530
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$26.4B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.