An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, with a total value of up to US$1 billion. This strategic move, subject to market conditions, aims to enhance shareholder value and reflects the company’s confidence in its long-term growth prospects, though it excludes ASX-listed CDIs from the repurchase plan.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media and information services industry, focusing on delivering news and entertainment content across various platforms. The company is known for its diverse portfolio that includes newspapers, digital real estate services, book publishing, and cable network programming, catering to a global audience.
YTD Price Performance: -2.90%
Average Trading Volume: 206,907
Technical Sentiment Signal: Sell
Current Market Cap: A$23.63B
For an in-depth examination of NWS stock, go to TipRanks’ Stock Analysis page.