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News Corp files daily update on US$1bn share repurchase authority

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News Corp files daily update on US$1bn share repurchase authority

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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an announcement.

The company reported a daily update under its 2025 Repurchase Program, outlining authority to buy back up to US$1 billion of Nasdaq-listed Class A and Class B shares while excluding ASX-listed CDIs. The repurchase flexibility, initiated July 15, 2025, allows management to adjust buybacks based on market conditions, supporting capital returns and potentially enhancing per-share metrics for stakeholders.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$64.40 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 global media and publishing industry, delivering news, information services, and digital real estate products across multiple markets through its Class A and Class B common stock structure.

Average Trading Volume: 146,792

Technical Sentiment Signal: Hold

Current Market Cap: A$22.49B

See more data about NWS stock on TipRanks’ Stock Analysis page.

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