Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
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, with plans to repurchase up to an aggregate of 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, reflecting confidence in its financial position and future prospects.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$48.70 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
News Corporation is a global media and information services company, primarily involved in the creation and distribution of authoritative and engaging content across various platforms. The company operates in sectors such as news and information services, book publishing, digital real estate services, and subscription video services, focusing on delivering high-quality content and services to a diverse audience worldwide.
Average Trading Volume: 172,675
Technical Sentiment Signal: Buy
Current Market Cap: A$26.12B
See more insights into NWS stock on TipRanks’ Stock Analysis page.