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 move is part of a strategic initiative to optimize the company’s capital structure and enhance shareholder value. The buy-back will be conducted based on market conditions and stock prices, with no repurchase of ASX-listed CDIs involved. This decision reflects the company’s confidence in its financial position and its commitment to returning value to its shareholders.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a global 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 diverse portfolio of media assets and its focus on providing content and services that inform, entertain, and connect people around the world.
YTD Price Performance: -3.79%
Average Trading Volume: 208,503
Technical Sentiment Signal: Sell
Current Market Cap: A$24.44B
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