News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an announcement.
News Corporation has announced an update to its buy-back program, initially notified on September 22, 2021, with the latest announcement made on March 31, 2025. The company plans to repurchase up to $1 billion of its Nasdaq-listed Class A and Class B common stock, subject to market conditions and stock prices. This strategic move is expected to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and providing a positive signal to the market.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media industry, focusing on the production and distribution of 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, with a significant market presence in the United States and Australia.
YTD Price Performance: -2.01%
Average Trading Volume: 179,129
Technical Sentiment Signal: Sell
Current Market Cap: A$24.86B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.