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News Corporation Expands Share Buyback Program by $1 Billion

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News Corporation Expands Share Buyback Program by $1 Billion

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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an update.

News Corporation has announced an extension of its share repurchase program, authorizing an additional US$1 billion for the buyback of its Nasdaq-listed Class A and Class B common stock. This move, part of the 2025 Repurchase Program, underscores the company’s commitment to returning value to its shareholders and reflects its confidence in its financial position. The buyback will be executed based on market conditions and stock prices, but no ASX-listed CDIs will be repurchased.

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 global diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers and businesses throughout the world. The company operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services.

Average Trading Volume: 191,172

Technical Sentiment Signal: Hold

Current Market Cap: A$23.6B

Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.

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