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News Corporation Announces Cessation of Class B Securities

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News Corporation Announces Cessation of Class B Securities

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

News Corporation has announced the cessation of 120,083 Class B common stock securities, which were canceled as part of a buy-back process. This move could impact the company’s capital structure and potentially influence its market positioning by reducing the number of outstanding shares, which might affect shareholder value.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$62.00 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

Average Trading Volume: 165,865

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$26.69B

Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.

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