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The latest update is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
News Corporation has announced a repurchase program for up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting confidence in its financial health and future prospects. The repurchase will be conducted in the open market or through other means, depending on market conditions and stock prices, but will not include ASX-listed CDIs.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$61.00 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 global media and information services company that operates across various segments, including news and information services, book publishing, digital real estate services, and subscription video services. It is known for its diverse portfolio of media assets and its focus on delivering content to a wide audience through multiple platforms.
Average Trading Volume: 172,191
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.