News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an update.
News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, aiming to repurchase up to an aggregate of US$1 billion. This buy-back, classified as ‘Other buy-back,’ will not include any ASX-listed CDIs and is subject to market conditions and stock prices. The initiative reflects the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
YTD Price Performance: -1.95%
Average Trading Volume: 213,572
Technical Sentiment Signal: Sell
Current Market Cap: A$25.33B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.