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 for its Nasdaq-listed Class A and Class B common stock, with plans to repurchase up to an aggregate of US$1 billion. This strategic move, subject to market conditions and stock prices, aims to enhance shareholder value and optimize the company’s capital structure. The buy-back does not include any ASX-listed CDIs, indicating a targeted approach towards its Nasdaq-listed securities.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a global media and information services company, known for its diverse range of businesses across various sectors including news and information services, book publishing, digital real estate services, and subscription video services. The company operates in multiple markets worldwide, focusing on delivering high-quality content and services to its customers.
YTD Price Performance: -0.65%
Average Trading Volume: 174,821
Technical Sentiment Signal: Sell
Current Market Cap: A$25.75B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.