An announcement from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, amounting to up to US$1 billion. This buy-back is part of the company’s strategy to manage its capital structure and enhance shareholder value. The repurchase will occur in the open market or otherwise, depending on market conditions and stock prices. This move is expected to impact the company’s financial operations and may influence its stock performance, reflecting its commitment to returning capital to shareholders.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a diversified media and information services company that operates in various segments, including news and information services, book publishing, digital real estate services, and subscription video services. The company is known for its global reach and influence in the media industry, providing a wide range of content and services to its audience.
YTD Price Performance: -0.45%
Average Trading Volume: 207,347
Technical Sentiment Signal: Sell
Current Market Cap: A$25.46B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.