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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 repurchase program for its Nasdaq-listed Class A and Class B common stock, with an aggregate value of up to US$1 billion. This buy-back initiative reflects the company’s strategic approach to managing its capital structure, potentially enhancing shareholder value and demonstrating confidence in its ongoing financial performance.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media industry, providing a range of products and services including news, information, and publishing. The company is known for its focus on digital real estate services, subscription video services, and book publishing, positioning itself as a leader in these market areas.
YTD Price Performance: 2.85%
Average Trading Volume: 103,939
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$26.73B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.
