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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 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 under the 2025 Repurchase Program. This move, which follows a similar authorization in 2021, aims to enhance shareholder value and reflects the company’s confidence in its financial position and future prospects. The buy-back will be conducted in the open market or otherwise, depending on market conditions and stock prices, but will not include ASX-listed CDIs.
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 operates in the media industry, providing a range of services including news and information services, book publishing, digital real estate services, and cable network programming. The company is known for its diverse portfolio of media properties and its focus on delivering content across various platforms to a global audience.
Average Trading Volume: 158,883
Technical Sentiment Signal: Buy
Current Market Cap: A$27.16B
See more data about NWS stock on TipRanks’ Stock Analysis page.