Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an update.
News Corporation has announced a buy-back program involving the repurchase of up to an additional US$1 billion of its Nasdaq-listed Class A and Class B common stock. This initiative, part of the 2025 Repurchase Program, builds on a similar program from 2021 and reflects the company’s strategic focus on optimizing its capital structure. The buy-back is subject to market conditions and other factors, and it does not include ASX-listed CDIs. This move is likely to impact the company’s stock valuation and shareholder returns positively.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$67.50 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 and information services industry, focusing on delivering news and entertainment content across various platforms. The company is known for its diverse range of products, including newspapers, digital real estate services, book publishing, and cable network programming, with a strong market presence in the United States and international markets.
Average Trading Volume: 208,426
Technical Sentiment Signal: Hold
Current Market Cap: A$23.65B
Learn more about NWS stock on TipRanks’ Stock Analysis page.