News Corp
(NAS:NWSA)
$
28.25
0.2 (0.71%)
Market Cap: 16.62 Bil
Enterprise Value: 19.81 Bil
PE Ratio: 45.56
PB Ratio: 1.95
GF Score: 70/100 News Corp at Credit Suisse Communications Conference Transcript
Jun 05, 2019 / 01:30PM GMT
Release Date Price:
$11.62
(+0.35%)
Entcho Raykovski;dit Suisse AG
CrÃ;Research Division - Research Analyst
© -
I think we're on. So for those who don't know me, my name is Entcho Raykovski, and I cover Australian media at CS. I'd like to welcome Susan Panuccio, CFO of News Corp. Susan, thank you for joining us.
Susan Lee Panuccio
News Corporation - CFO
Thanks, Entcho.
Questions & Answers
Entcho Raykovski;dit Suisse AG
CrÃ;Research Division - Research Analyst
© -
If I can start today with a question that I know you get a lot but, I think it is still very much relevant. Now following the consolidation of Foxtel into the group, reported net cash has reduced substantially, but you still hold a fairly large cash balance, about $1.6 billion. So how do you think about balancing capital management versus further investment particularly in the context of that large cash balance?
Susan Lee Panuccio
News Corporation - CFO
Yes. You're right, we do get a
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