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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 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 enhance shareholder value and optimize the company’s capital structure, reflecting a strong financial position and commitment to returning capital to shareholders.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a prominent entity in the media industry, primarily engaged in publishing, news, and information services. The company operates globally, focusing on delivering content through various platforms, including print, digital, and broadcast media.
YTD Price Performance: -9.69%
Average Trading Volume: 195,864
Technical Sentiment Signal: Sell
Current Market Cap: A$24.16B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.