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The latest update 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 part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, depending on market conditions and stock prices.
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.
YTD Price Performance: -7.22%
Average Trading Volume: 197,268
Technical Sentiment Signal: Sell
Current Market Cap: A$23.84B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.