News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an announcement.
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, subject to market conditions and stock prices, aims to optimize the company’s capital structure and potentially enhance shareholder value, although it excludes ASX-listed CDIs from the buy-back.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a prominent player in the media and information services industry, focusing on delivering news, information, and entertainment content across various platforms. The company is known for its diverse portfolio, including publishing, digital real estate services, book publishing, and cable network programming, catering to a global audience.
YTD Price Performance: -1.60%
Average Trading Volume: 194,050
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$25.4B
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