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News Corporation Announces US$1 Billion Stock Buy-Back Program

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News Corporation Announces US$1 Billion Stock Buy-Back Program

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

News Corporation has announced a buy-back program, authorizing an additional US$1 billion for the repurchase of its Nasdaq-listed Class A and Class B common stock as part of its 2025 Repurchase Program. This move, subject to market conditions and stock prices, aims to enhance shareholder value and reflects the company’s strategic focus on optimizing its capital structure.

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 operates in the media and information services industry, providing a range of products and services including news and information, book publishing, digital real estate services, and subscription video services. The company is focused on delivering high-quality content across various platforms, catering to a global audience.

Average Trading Volume: 190,757

Technical Sentiment Signal: Hold

Current Market Cap: A$23.94B

For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.

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