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, initially notified in September 2021, with the latest amendment dated April 7, 2025. The company plans to repurchase up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock, subject to market conditions and stock prices. This strategic move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a diversified media and information services company with operations in various segments including news and information services, book publishing, digital real estate services, and subscription video services. The company is known for its global reach and influence in the media industry.
YTD Price Performance: -6.53%
Average Trading Volume: 193,040
Technical Sentiment Signal: Sell
Current Market Cap: A$24.06B
Learn more about NWS stock on TipRanks’ Stock Analysis page.