News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a buy-back program to repurchase up to $1 billion of its Class A and Class B common stock listed on Nasdaq. This move is part of the company’s strategy to optimize its capital structure and potentially increase shareholder value. Investors will be watching closely to see how this buy-back impacts News Corporation’s stock performance in the coming months.
For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.