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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an update.
News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, with a total repurchase amount of up to US$1 billion. This strategic move is subject to market conditions and aims to enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share and improving the company’s market positioning.
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 providing news and information through various platforms. It is known for its diverse portfolio of media assets, including newspapers, digital real estate services, and book publishing. The company primarily targets a global audience with its wide range of media offerings.
Average Trading Volume: 171,082
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.78B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.