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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an update.
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 strategic move, subject to market conditions, aims to enhance shareholder value and optimize the company’s capital structure, reflecting confidence in its 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 operates within the media industry, focusing on delivering news and information services. The company is known for its diverse portfolio of media assets, including newspapers, digital real estate services, book publishing, and cable network programming. It primarily targets markets in the United States, Australia, and the United Kingdom.
Average Trading Volume: 158,914
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.87B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.