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The latest announcement is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock. The company has authorized an additional US$1 billion for the 2025 Repurchase Program, following the initial US$1 billion authorized in 2021. This strategic move allows News Corporation to repurchase shares from the open market or otherwise, depending on market conditions and stock prices, potentially enhancing shareholder value and optimizing 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
Average Trading Volume: 173,295
Technical Sentiment Signal: Buy
Current Market Cap: A$25.32B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.