News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an update.
News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, with a total repurchase value of up to US$1 billion. This strategic move, subject to market conditions and stock prices, aims to enhance shareholder value and optimize the company’s capital structure, potentially impacting its market positioning and stakeholder interests positively.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a diversified media and information services company, primarily engaged in the creation and distribution of authoritative and engaging content across various platforms. The company operates in industries such as news and information services, book publishing, digital real estate services, and subscription video services, with a market focus on providing high-quality media content to a global audience.
YTD Price Performance: -1.95%
Average Trading Volume: 213,572
Technical Sentiment Signal: Sell
Current Market Cap: A$25.33B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.