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) ) has issued an update.
News Corporation has announced an update to its share buy-back program, initially authorized in 2021, with an additional $1 billion approved for repurchasing its Nasdaq-listed Class A and Class B common stock. This strategic move, subject to market conditions, aims to enhance shareholder value and optimize the company’s capital structure, reflecting confidence in its long-term growth 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. It operates in various segments, including news and information services, book publishing, digital real estate services, and subscription video services. The company is known for its global reach and influential media properties, focusing on delivering news, entertainment, and information to a broad audience.
Average Trading Volume: 167,586
Technical Sentiment Signal: Buy
Current Market Cap: A$27.21B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.