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.

News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an update.

News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, with an additional authorization of up to US$1 billion under the 2025 Repurchase Program. This move is part of a broader strategy to manage capital effectively and potentially enhance shareholder value, although no ASX-listed CDIs will be repurchased. The buy-back is subject to market conditions and stock prices, indicating a flexible approach to its execution.

The most recent analyst rating on (AU:NWS) stock is a Hold with a A$52.00 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

Average Trading Volume: 174,107

Technical Sentiment Signal: Buy

Current Market Cap: A$25.04B

See more data about NWS stock on 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