tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

News Corporation Announces $1 Billion Stock Buy-Back Program

Story Highlights
  • News Corporation is a key player in media, focusing on news services and digital real estate.
  • The company announced a $1 billion stock buy-back to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corporation Announces $1 Billion Stock Buy-Back Program

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% 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) ) just unveiled an announcement.

News Corporation has announced a buy-back program involving 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, subject to market conditions and stock prices, aims to enhance shareholder value and reflects the company’s strategic financial management, although it will not involve repurchasing 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 is a prominent player in the media industry, primarily engaged in the creation and distribution of authoritative and engaging content across various platforms. The company focuses on providing news and information services, book publishing, and digital real estate services, catering to a global audience.

Average Trading Volume: 190,477

Technical Sentiment Signal: Hold

Current Market Cap: A$23.38B

Find detailed analytics on 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