News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an update.
News Corporation has announced a repurchase program for up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. This buy-back initiative, which does not include ASX-listed CDIs, is subject to market conditions and aims to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and reflecting confidence in the company’s financial health.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a prominent player in the media and information services industry, known for its diverse portfolio of assets including news and information services, book publishing, digital real estate services, and subscription video services. The company primarily focuses on delivering high-quality content and services across various platforms, catering to a global audience.
YTD Price Performance: 0.06%
Average Trading Volume: 216,013
Technical Sentiment Signal: Sell
Current Market Cap: A$25.28B
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