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An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has announced an update to its previously reported buy-back program, with intentions to repurchase up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This buy-back, contingent on market conditions and stock prices, excludes ASX-listed CDIs and represents a strategic move to enhance shareholder value and optimize the company’s capital structure.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media and information services industry. It primarily focuses on creating and distributing authoritative and engaging content across a variety of platforms, including news, sports, and entertainment, with a significant presence in digital real estate services, book publishing, and cable network programming.
YTD Price Performance: -0.95%
Average Trading Volume: 136,866
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$26.1B
Learn more about NWS stock on TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
