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News Corp Issues 60,334 Unquoted Class A Shares Under Employee Incentive Scheme

Story Highlights
  • News Corp has issued 60,334 unquoted Class A common shares under an employee incentive plan.
  • The new unquoted shares modestly increase equity while reinforcing long-term staff incentives without adding tradable stock.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp Issues 60,334 Unquoted Class A Shares Under Employee Incentive Scheme

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

News Corporation, a diversified media and information services group with significant operations in news publishing, digital real estate, cable networks and book publishing across major English-speaking markets, continues to use equity-based incentives to align employees with shareholder interests. The company has notified the Australian Securities Exchange of the issue of 60,334 unquoted Class A common shares under an employee incentive scheme, a routine capital management action that modestly increases the share count while reinforcing long-term incentive structures for staff without creating immediately tradable securities on the market.

The most recent analyst rating on (AU:NWS) stock is a Hold with a A$49.00 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 media and information services company with operations spanning news and information publishing, digital real estate services, cable network programming, book publishing and digital media. It focuses on delivering content and data across multiple platforms, including print, television, and online channels, serving consumers, advertisers and business clients in key markets such as the United States, the United Kingdom and Australia.

Average Trading Volume: 156,018

Technical Sentiment Signal: Hold

Current Market Cap: A$22.82B

See more data about NWS stock on TipRanks’ Stock Analysis page.

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