Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an announcement.
News Corporation announced the pricing of a secondary offering of its Class B common stock by trusts benefiting the Murdoch family and associated charitable organizations. The offering, priced at $32.45 per share, will not involve the company selling any shares or receiving any proceeds, with Morgan Stanley acting as the sole underwriter.
The most recent analyst rating on (AU:NWS) stock is a Hold with a A$54.00 price target. To see the full list of analyst forecasts on News Corporation Shs B Chess Depository Interests repr 1 Sh stock, see the AU:NWS Stock Forecast page.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a global, diversified media and information services company that focuses on creating and distributing authoritative and engaging content. The company operates across various media sectors, including information services, news, digital real estate services, and book publishing, with a primary presence in the United States, Australia, and the United Kingdom.
Average Trading Volume: 165,143
Technical Sentiment Signal: Buy
Current Market Cap: A$26.46B
See more insights into NWS stock on TipRanks’ Stock Analysis page.