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News Corporation Expands Stock Buy-Back Program

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News Corporation Expands Stock Buy-Back Program

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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, 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 manage its capital structure and enhance shareholder value, with the repurchases being subject to market conditions and stock prices.

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 media and information services company that primarily operates in the media, news, and publishing industries. It offers a range of services including news and information, book publishing, digital real estate services, and cable network programming, with a market focus on providing content and services across various platforms.

Average Trading Volume: 182,021

Technical Sentiment Signal: Buy

Current Market Cap: A$23.94B

See more insights into NWS stock on TipRanks’ Stock Analysis page.

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