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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an announcement.
News Corporation has announced a repurchase program for up to $1 billion of its Nasdaq-listed Class A and Class B common stock. This buy-back initiative, which excludes ASX-listed CDIs, is subject to market conditions and aims to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and signaling confidence in the company’s financial health.
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 global media and information services company, primarily involved in the creation and distribution of authoritative and engaging content across various platforms. The company operates in industries such as news, information services, book publishing, and digital real estate services, focusing on delivering high-quality content to a diverse audience worldwide.
Average Trading Volume: 172,191
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.