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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an announcement.
News Corporation has reported daily activity under its previously authorised share repurchase programs covering its Nasdaq-listed Class A and Class B common stock, confirming that no ASX-listed CHESS Depositary Interests will be bought back under these arrangements. The company is able to repurchase up to US$1 billion of stock under its 2021 program and a further US$1 billion under the 2025 program, providing it with significant flexibility to return capital to shareholders and potentially enhance earnings per share, subject to market conditions and other factors.
The most recent analyst rating on (AU:NWS) stock is a Hold with a A$49.00 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 whose businesses span news and information publishing, digital real estate services, book publishing and subscription video services, operating through a dual-class share structure with Class A and Class B common stock listed on Nasdaq and CDIs traded on the ASX.
Average Trading Volume: 154,738
Technical Sentiment Signal: Hold
Current Market Cap: A$23.12B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.