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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an update.
News Corporation has announced an update to its buy-back program, which involves repurchasing up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This strategic move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value by reducing the number of outstanding shares, subject to market conditions and stock prices.
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 diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers worldwide. The company operates in various segments, including news and information services, book publishing, digital real estate services, and subscription video services.
Average Trading Volume: 181,268
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.34B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.