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News Corporation Announces $1 Billion Stock Buy-Back Program

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News Corporation Announces $1 Billion Stock Buy-Back Program

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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 involving its Class A and Class B common stock, with an additional authorization of US$1 billion under the 2025 Repurchase Program. This strategic move aims to enhance shareholder value by repurchasing shares in the open market, subject to market conditions and stock prices, while excluding ASX-listed CDIs from the program.

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 prominent player in the media industry, primarily focusing on news and information services. The company is known for its diverse portfolio, which includes newspapers, digital real estate services, book publishing, and cable network programming. It operates across various markets, providing content and services that cater to a global audience.

Average Trading Volume: 158,520

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$25.71B

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

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