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The latest announcement is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
News Corporation has announced a buy-back program, authorizing the repurchase of up to an additional US$1 billion of its Nasdaq-listed Class A and Class B common stock, as part of its 2025 Repurchase Program. This move, subject to market conditions and stock price, aims to enhance shareholder value by reducing the number of outstanding shares, potentially increasing the value of remaining shares and reflecting confidence in the company’s future prospects.
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, primarily engaged in the creation and distribution of authoritative and engaging content to consumers and businesses throughout the world. The company operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services.
Average Trading Volume: 184,144
Technical Sentiment Signal: Buy
Current Market Cap: A$24.03B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.