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 a total repurchase value of up to US$1 billion. This strategic move is subject to market conditions and aims to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and improving market perception.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a diversified media and information services company that operates across various segments, including news and information services, book publishing, digital real estate services, and subscription video services. The company is known for its global reach and influence in the media industry.
YTD Price Performance: -2.15%
Average Trading Volume: 189,895
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$25.5B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.