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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 repurchase 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 authorization in 2021, aims to buy back shares subject to market conditions and prices, impacting the company’s stock market presence and potentially benefiting shareholders by increasing the value of remaining shares.
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. The company’s operations span across 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
See more data about NWS stock on TipRanks’ Stock Analysis page.