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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 has announced a buy-back program authorized for up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. This buy-back, part of the 2025 Repurchase Program, aims to repurchase shares from the open market or otherwise, subject to market conditions and stock prices. The initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.

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 that operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services. The company is known for its diverse portfolio of media properties and its focus on delivering news and information across multiple platforms.

Average Trading Volume: 182,357

Technical Sentiment Signal: Buy

Current Market Cap: A$23.75B

Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.

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