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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an announcement.
News Corporation has announced the cessation of 350,020 shares of its Class A common stock, which were canceled as part of a buy-back initiative. This move is part of the company’s capital management strategy, potentially impacting its market positioning by reducing the number of outstanding shares and possibly enhancing shareholder value.
The most recent analyst rating on (AU:NWS) stock is a Hold with a A$52.00 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
Average Trading Volume: 182,021
Technical Sentiment Signal: Buy
Current Market Cap: A$23.94B
Learn more about NWS stock on TipRanks’ Stock Analysis page.