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News Corporation Expands Share Buy-Back Program with Additional $1 Billion Authorization

Story Highlights
  • News Corporation continues its share buy-back program with a new $1 billion authorization.
  • The buy-back reflects confidence in financial health and aims to enhance shareholder value.
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News Corporation Expands Share Buy-Back Program with Additional $1 Billion Authorization

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The latest update is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).

News Corporation has announced a continuation of 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 strategic move, under the 2025 Repurchase Program, aims 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 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 is a prominent entity in the media and information services industry, focusing on delivering news and information through various platforms. The company is known for its diverse range of services, including publishing, digital real estate services, and subscription video services, catering to a global audience.

Average Trading Volume: 191,172

Technical Sentiment Signal: Hold

Current Market Cap: A$23.6B

For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.

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