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An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation announced a secondary offering of 14,182,161 shares of its Class B common stock by trusts benefiting members of the Murdoch family and associated charitable organizations. The company itself will not sell any shares or receive proceeds from this offering, which is underwritten by Morgan Stanley and subject to market conditions.
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 in various media sectors, including information services and news, digital real estate services, and book publishing. Headquartered in New York, News Corp primarily operates in the United States, Australia, and the United Kingdom, with its content and services distributed worldwide.
Average Trading Volume: 165,143
Technical Sentiment Signal: Buy
Current Market Cap: A$26.46B
See more data about NWS stock on TipRanks’ Stock Analysis page.