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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an update.
News Corporation has disclosed a daily update under its previously authorised 2025 Repurchase Program, which allows the company to buy back up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. The buy-backs will be conducted from time to time in the open market or otherwise, subject to market conditions, the company’s share price and other factors, and will not involve the repurchase of any ASX-listed CHESS Depositary Interests. The program is designed as a capital management initiative that may support earnings per share and capital efficiency for shareholders without altering the company’s Australian CDI float.
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 is a global media and information services company whose securities trade on exchanges including Nasdaq and ASX. Its primary operations span news and information publishing, digital real estate services, and related media assets, with separate classes of common stock (Class A and Class B) reflecting different voting and ownership structures in international capital markets.
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.