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News Corp Announces Class B Stock Cessation

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

News Corporation has announced the cessation of 33,796 Class B common stocks, effective as of August 5, 2024, as a result of a buy-back scheme. The announcement was made public on August 6, 2024, and denotes a significant change in the company’s issued capital structure. Investors and stakeholders are advised to take note of this change as it may influence the company’s stock performance.

For further insights into AU:NWS stock, check out TipRanks’ Stock Analysis page.

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