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News Corporation Announces Cessation of Shares

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News Corporation Announces Cessation of Shares

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An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.

News Corporation has announced the cessation of 350,020 shares of its Common Stock Class A, which were cancelled as part of a buy-back program. This move is part of the company’s ongoing efforts to manage its issued capital effectively, potentially impacting its market positioning by reducing the number of outstanding shares.

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: 194,296

Technical Sentiment Signal: Hold

Current Market Cap: A$24.29B

Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.

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