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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 strategic move, dependent on 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.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$48.90 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 operates in the media and information services industry, focusing on delivering news and entertainment content across various platforms. The company is known for its diverse portfolio of media assets, including newspapers, television channels, and digital media, catering to a global audience.
Average Trading Volume: 176,850
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.11B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.