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News Corporation Updates $1 Billion Stock Buy-back Program
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News Corporation Updates $1 Billion Stock Buy-back Program

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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an announcement.

News Corporation has announced an update to its ongoing stock repurchase program, which involves the buy-back of up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This move is subject to market conditions and other relevant factors, aiming to potentially enhance shareholder value. As the buy-back will not include ASX-listed CDIs, this decision may impact the company’s stock liquidity and market perception.

More about News Corporation Shs B Chess Depository Interests repr 1 Sh

YTD Price Performance: -0.95%

Average Trading Volume: 136,866

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$26.1B

See more data about NWS stock on TipRanks’ Stock Analysis page.

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