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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an update.
News Corporation has announced a buy-back program for up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This repurchase program, which will be conducted in the open market or otherwise, is subject to market conditions and stock prices, and does not include ASX-listed CDIs. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
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 global media and information services company, primarily involved in the creation and distribution of authoritative and engaging content across various platforms. The company operates in several segments, including news and information services, book publishing, digital real estate services, and subscription video services, with a strong market focus on delivering high-quality journalism and content to a broad audience.
Average Trading Volume: 172,594
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.38B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.