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The latest announcement is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
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 aimed at optimizing the company’s capital structure and enhancing shareholder value, reflecting confidence in its financial health and future prospects.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$48.70 price target. To see the full list of analyst forecasts on News Corporation Shs B Chess Depository Interests repr 1 Sh stock, see the AU:NWS Stock Forecast page.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media and information services industry, focusing on the creation and distribution of authoritative and engaging content. The company is known for its diverse portfolio of news, book publishing, digital real estate services, and subscription video services, catering to a global audience.
Average Trading Volume: 182,437
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.18B
See more data about NWS stock on TipRanks’ Stock Analysis page.
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