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News Corporation Announces $1 Billion Stock Repurchase Program

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News Corporation Announces $1 Billion Stock Repurchase Program

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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an update.

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 move, subject to market conditions and stock prices, aims to enhance shareholder value and reflects the company’s confidence in its financial position and future prospects.

The most recent analyst rating on (AU:NWS) stock is a Hold with a A$55.00 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 focused on creating and distributing authoritative and engaging content to consumers and businesses throughout the world. It operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services.

Average Trading Volume: 156,872

Technical Sentiment Signal: Buy

Current Market Cap: A$27.63B

See more data about NWS stock on TipRanks’ Stock Analysis page.

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