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Preliminary trading on the Australian Securities Exchange of the new News Corp's class B stock began on June 19, 2013, at around $15 per share; a value slightly lower than expected by some analysts.
The shares fell in price by 3% to $14.55 per share, valuing the new company at around $7.9 billion US.
A 20% stake is owned by REA Group, a publicly traded subsidiary of News Corp Australia.