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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, which follows a similar program initiated in 2021, aims to repurchase shares subject to market conditions and stock prices, reflecting the company’s strategy to enhance shareholder value and optimize its capital structure.

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

Average Trading Volume: 181,277

Technical Sentiment Signal: Buy

Current Market Cap: A$24.47B

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

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