News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an announcement.
News Corporation has announced a buy-back program involving its Nasdaq-listed Class A and Class B common stock, with plans to repurchase up to an aggregate of US$1 billion. This initiative, subject to market conditions and stock prices, aims to enhance shareholder value by reducing the number of shares outstanding, potentially impacting the company’s stock price and market perception positively.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
YTD Price Performance: -0.45%
Average Trading Volume: 207,347
Technical Sentiment Signal: Sell
Current Market Cap: A$25.46B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.