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An announcement 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, which involves the repurchase of up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This move is part of a strategic effort to manage the company’s capital structure and enhance shareholder value, although it does not include the repurchase of ASX-listed CDIs. The buy-back is subject to market conditions and other factors, and it reflects the company’s confidence in its financial position and future prospects.
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 diversified media and information services company. It operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services. The company primarily focuses on delivering content and services to consumers and businesses globally.
Average Trading Volume: 171,082
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.78B
Learn more about NWS stock on TipRanks’ Stock Analysis page.