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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an announcement.
News Corporation has announced a buy-back program, authorizing the repurchase of up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. This move, part of the 2025 Repurchase Program, follows a similar authorization in 2021 and is intended to be executed in the open market or otherwise, depending on market conditions and stock prices. The buy-back is expected 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 Buy with a A$53.00 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 with operations that span across various segments including news and information services, book publishing, digital real estate services, and subscription video services. The company focuses on delivering content and services to a global audience, leveraging its extensive media assets and digital platforms.
Average Trading Volume: 205,174
Technical Sentiment Signal: Buy
Current Market Cap: A$23.55B
See more data about NWS stock on TipRanks’ Stock Analysis page.