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An announcement from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has announced a buy-back program to repurchase up to $1 billion of its Nasdaq-listed Class A and Class B common stock. This strategic move, subject to market conditions and stock prices, aims to enhance shareholder value and optimize the company’s capital structure, reflecting confidence in its financial health and future prospects.
The most recent analyst rating on (AU:NWS) stock is a Hold with a A$47.30 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 operates in the media and information services industry, focusing on delivering news and entertainment content across various platforms. The company is known for its wide range of products, including newspapers, digital real estate services, book publishing, and subscription video services, catering to a global audience.
Average Trading Volume: 158,570
Technical Sentiment Signal: Buy
Current Market Cap: A$25.84B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.