tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

News Corporation Announces $1 Billion Stock Buy-Back Program

Story Highlights
News Corporation Announces $1 Billion Stock Buy-Back Program

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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 initiative, subject to market conditions and stock prices, aims to enhance shareholder value and reflects the company’s confidence in its financial position and future prospects.

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 is a diversified media and information services company primarily engaged in the creation and distribution of authoritative and engaging content to consumers and businesses throughout the world. The company operates in various segments, including news and information services, book publishing, digital real estate services, and subscription video services.

Average Trading Volume: 165,662

Technical Sentiment Signal: Buy

Current Market Cap: A$27.35B

For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1