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An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has announced an update to its ongoing stock repurchase program, which involves the buy-back of its Nasdaq-listed Class A and Class B common stock. The company has authorized an additional $1 billion for the 2025 Repurchase Program, following the initial $1 billion authorized in 2021. This strategic move is aimed at optimizing the company’s capital structure and enhancing 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$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 engaged in the creation and distribution of 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: 158,883
Technical Sentiment Signal: Buy
Current Market Cap: A$27.22B
See more insights into NWS stock on TipRanks’ Stock Analysis page.