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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an announcement.
News Corporation has announced a buy-back program for its Class A and Class B common stock, authorizing an additional US$1 billion under the 2025 Repurchase Program. This move, subject to market conditions and stock prices, aims to enhance shareholder value by repurchasing shares in the open market or otherwise, although no ASX-listed CDIs will be repurchased. This strategic decision reflects the company’s commitment to optimizing its capital structure and returning value to shareholders, potentially impacting its market positioning and investor relations.
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, primarily engaged in the creation and distribution of authoritative and engaging content across various platforms. The company operates in the media industry, focusing on news and information services, digital real estate services, book publishing, and cable network programming.
Average Trading Volume: 189,614
Technical Sentiment Signal: Hold
Current Market Cap: A$23.32B
See more insights into NWS stock on TipRanks’ Stock Analysis page.