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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, originally authorized in 2021, with an additional $1 billion authorized for 2025. This repurchase program involves the acquisition of Class A and Class B common stock, subject to market conditions and other factors, but excludes ASX-listed CDIs. The move is part of the company’s strategy to manage its capital structure and enhance shareholder value.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$53.00 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: 207,861

Technical Sentiment Signal: Hold

Current Market Cap: A$23.94B

For an in-depth examination of NWS stock, go to TipRanks’ Overview page.

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