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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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The latest update is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).

News Corporation announced a buy-back program for its Class A and Class B common stock, authorizing an additional US$1 billion under the 2025 Repurchase Program. This move is part of a strategic effort to manage capital and enhance shareholder value, reflecting confidence in the company’s financial position and market conditions.

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 diversified media and information services company. It operates in the media industry, focusing on news and information services, book publishing, digital real estate services, and cable network programming. The company is known for its global reach and influence in the media sector.

Average Trading Volume: 191,404

Technical Sentiment Signal: Hold

Current Market Cap: A$24.08B

See more insights into NWS stock on TipRanks’ Stock Analysis page.

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