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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an update.
News Corporation has announced an update to its buy-back program, which involves the repurchase of up to an additional US$1 billion of its Nasdaq-listed Class A and Class B common stock. This move, part of the 2025 Repurchase Program, follows a similar authorization in 2021 and reflects the company’s strategy to manage its capital structure and enhance shareholder value. The buy-back will be conducted in the open market or otherwise, depending on market conditions and stock prices, and does not include ASX-listed CDIs.
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, providing a range of products including news and information services, book publishing, digital real estate services, and cable network programming. The company primarily focuses on delivering content to consumers and businesses across various platforms, leveraging its global reach and diverse portfolio to maintain a strong market presence.
Average Trading Volume: 189,614
Technical Sentiment Signal: Hold
Current Market Cap: A$23.33B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.