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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 an update to its buy-back program, authorizing an additional US$1 billion for the repurchase of its Nasdaq-listed Class A and Class B common stock under the 2025 Repurchase Program. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value, reflecting confidence in its future prospects. The buy-back will be conducted in the open market, subject to market conditions and stock price, but will not include ASX-listed CDIs.
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 global media and information services company, primarily operating in the media industry. It offers a wide range of services including news and information, book publishing, digital real estate services, and cable network programming. The company is known for its significant presence in the publishing and digital media sectors.
Average Trading Volume: 167,586
Technical Sentiment Signal: Buy
Current Market Cap: A$27.21B
Learn more about NWS stock on TipRanks’ Stock Analysis page.