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An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has announced an update to its buy-back program, indicating a repurchase initiative for up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. This strategic move, subject to market conditions and stock prices, aims to enhance shareholder value and optimize the company’s capital structure, although it will not include any ASX-listed CDIs in the repurchase plan.
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 is a global media and information services company, primarily engaged in the creation and distribution of authoritative and engaging content to consumers and businesses throughout the world. The company operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services, with a strong market presence in the United States, Australia, and the United Kingdom.
Average Trading Volume: 169,067
Technical Sentiment Signal: Buy
Current Market Cap: A$25.03B
See more insights into NWS stock on TipRanks’ Stock Analysis page.