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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 potentially enhancing shareholder value, indicating a positive outlook for stakeholders.
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 is a diversified media and information services company. It operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services, with a focus on delivering content to a global audience.
Average Trading Volume: 162,803
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.25B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.
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