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An announcement from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has announced an update to its share buy-back program, authorizing an additional US$1 billion for the repurchase of its Nasdaq-listed Class A and Class B common stock. This move, part of the 2025 Repurchase Program, reflects the company’s strategy to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and providing a return of capital to shareholders.
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, focusing on a range of products including news, information, and entertainment services. The company is known for its global reach and diverse portfolio, which includes newspapers, digital real estate services, book publishing, and cable network programming.
Average Trading Volume: 191,172
Technical Sentiment Signal: Hold
Current Market Cap: A$23.68B
See more data about NWS stock on TipRanks’ Stock Analysis page.