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The latest announcement is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
News Corporation has announced the cessation of 57,635 of its Class A common stock securities, which were canceled as part of a buy-back process. This move is part of the company’s ongoing capital management strategy, potentially impacting its market positioning by reducing the number of outstanding shares and possibly increasing shareholder value.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$48.70 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
Average Trading Volume: 147,082
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.28B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.