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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an announcement.
News Corporation has filed a Form 8-K with the U.S. Securities and Exchange Commission to announce the mutual resolution of legal proceedings in Nevada concerning the Murdoch Family Trust. Additionally, the company is proceeding with an underwritten public offering of its Class B common stock by certain selling stockholders. This resolution and stock offering could impact the company’s financial operations and market positioning, potentially affecting stakeholders’ 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 across 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 content and services distributed worldwide.
Average Trading Volume: 165,143
Technical Sentiment Signal: Buy
Current Market Cap: A$26.46B
For an in-depth examination of NWS stock, go to TipRanks’ Overview page.