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

News Corporation has announced a buy-back program, authorizing an additional US$1 billion for the repurchase of its Nasdaq-listed Class A and Class B common stock. This move, part of the 2025 Repurchase Program, aims to enhance shareholder value and reflects the company’s confidence in its market positioning and future prospects. The buy-back will be conducted based on market conditions and stock prices, without involving ASX-listed CDIs.

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

News Corporation operates in the media and information services industry, providing a range of services including news and information, book publishing, digital real estate services, and cable network programming. The company focuses on delivering high-quality content and services across various platforms, catering to a global audience.

Average Trading Volume: 177,313

Technical Sentiment Signal: Buy

Current Market Cap: A$25.23B

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

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