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News Corporation Announces US$1 Billion Stock Buy-Back Program

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News Corporation Announces US$1 Billion Stock Buy-Back Program

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

News Corporation has announced a buy-back program for up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This strategic move aims to optimize the company’s capital structure and potentially enhance shareholder value, reflecting confidence in its financial position and future prospects.

More about News Corporation Shs B Chess Depository Interests repr 1 Sh

News Corporation is a diversified media and information services company that operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services. The company is known for its influential media properties and has a significant presence in the global market.

YTD Price Performance: -2.01%

Average Trading Volume: 181,375

Technical Sentiment Signal: Sell

Current Market Cap: A$24.91B

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

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