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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 announcement from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.

News Corporation has announced a buy-back program, authorizing the repurchase of up to an additional US$1 billion of its Nasdaq-listed Class A and Class B common stock as part of its 2025 Repurchase Program. This move, which follows a similar authorization in 2021, is intended to be executed based on market conditions and stock prices, potentially impacting the company’s stock value and shareholder returns positively.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$53.00 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 is a global media and information services company, primarily involved in the creation and distribution of authoritative and engaging content. It operates across various segments including news and information services, book publishing, digital real estate services, and subscription video services, with a significant presence in the United States and Australia.

Average Trading Volume: 194,927

Technical Sentiment Signal: Buy

Current Market Cap: A$24.13B

See more data about NWS stock on TipRanks’ Stock Analysis page.

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