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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an update.
News Corporation has announced the cessation of 64,032 shares of its Class A common stock, which were cancelled as part of a buy-back initiative. This move could potentially impact the company’s capital structure and market positioning, as buy-backs often indicate a strategic decision to consolidate ownership or return value to shareholders.
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
Average Trading Volume: 158,739
Technical Sentiment Signal: Buy
Current Market Cap: A$25.35B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.
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