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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 for its Nasdaq-listed Class A and Class B common stock, authorizing an additional US$1 billion under the 2025 Repurchase Program. This initiative, subject to market conditions and stock prices, aims to enhance shareholder value by repurchasing shares from the open market or otherwise, excluding 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 subscription video services. The company focuses on delivering high-quality content across various platforms to a global audience.

Average Trading Volume: 177,313

Technical Sentiment Signal: Buy

Current Market Cap: A$25.23B

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

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