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News Corp Closes Public Offering of Class B Stock

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News Corp Closes Public Offering of Class B Stock

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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an announcement.

News Corporation has announced the closing of an underwritten public offering of its Class B common stock by certain selling stockholders, as filed with the U.S. Securities and Exchange Commission. This move could potentially impact the company’s stock liquidity and shareholder composition, influencing its market positioning and stakeholder interests.

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. It operates in various media sectors, including information services, news, digital real estate services, and book publishing. Headquartered in New York, the company primarily operates in the United States, Australia, and the United Kingdom, with its products and services distributed and consumed worldwide.

Average Trading Volume: 164,139

Technical Sentiment Signal: Buy

Current Market Cap: A$26.82B

Learn more about NWS stock on TipRanks’ Stock Analysis page.

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