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The latest announcement is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, with a total repurchase value of up to US$1 billion. This move, which excludes ASX-listed CDIs, is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value, reflecting confidence in its financial position 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 operates in the media and information services industry, providing a range of services including news and information, book publishing, digital real estate services, and cable network programming. The company is known for its global reach and diverse portfolio, targeting markets across various continents.
Average Trading Volume: 171,082
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.78B
See more data about NWS stock on TipRanks’ Stock Analysis page.