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An announcement 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 plans to repurchase up to an aggregate of US$1 billion. This buy-back is part of a broader strategy to optimize the company’s capital structure and potentially enhance shareholder value, reflecting confidence in the company’s financial health and future prospects.
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 diversified media and information services company that operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services. The company is known for its global reach and significant presence in the media industry, focusing on delivering content across multiple platforms.
Average Trading Volume: 170,129
Technical Sentiment Signal: Buy
Current Market Cap: A$26.22B
See more data about NWS stock on TipRanks’ Stock Analysis page.