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News Corporation Announces $1 Billion Stock Buy-Back

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News Corporation Announces $1 Billion Stock Buy-Back

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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 a buy-back program for its Nasdaq-listed Class A and Class B common stock, authorizing an additional US$1 billion under the 2025 Repurchase Program. This move, which follows a similar authorization in 2021, is aimed at repurchasing shares in the open market or otherwise, subject to market conditions and stock prices, potentially impacting the company’s stock valuation and shareholder returns.

The most recent analyst rating on (AU:NWS) stock is a Hold with a A$55.00 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 operates in the media and information services industry, providing a wide range of products and services including news and information, book publishing, digital real estate services, and subscription video services. The company is known for its global reach and influence in the media sector.

Average Trading Volume: 167,586

Technical Sentiment Signal: Buy

Current Market Cap: A$27.21B

For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.

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