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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) ) has shared 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, aims to enhance shareholder value and reflects the company’s confidence in its market position, though it excludes ASX-listed CDIs from the buy-back.

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, offering a diverse range of products and services including news and information, book publishing, digital real estate services, and subscription video services. The company focuses on delivering content across various platforms, catering to a global audience.

Average Trading Volume: 182,021

Technical Sentiment Signal: Buy

Current Market Cap: A$23.94B

For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.

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