The latest update is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, with plans to repurchase up to an aggregate of US$1 billion. This move is subject to market conditions and the market price of the company’s stock, and it will not include any ASX-listed CDIs. The buy-back is part of the company’s strategy to manage its capital structure and return value to shareholders, potentially impacting the company’s stock market positioning and investor relations.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation is a diversified media and information services company. It is primarily involved in the creation and distribution of authoritative and engaging content to consumers and businesses throughout the world. The company operates in various segments, including news and information services, book publishing, digital real estate services, and subscription video services.
Average Trading Volume: 181,471
Technical Sentiment Signal: Buy
Current Market Cap: A$25.63B
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