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News Corporation Announces $1 Billion Buy-Back Program

Story Highlights
  • News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock.
  • The company aims to repurchase shares, impacting market positioning and shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corporation Announces $1 Billion Buy-Back Program

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

News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, authorizing an additional $1 billion under the 2025 Repurchase Program. This move, which excludes ASX-listed CDIs, aims to repurchase shares in the open market or otherwise, depending on market conditions and stock prices, potentially impacting the company’s market positioning and shareholder value.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$48.90 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

Average Trading Volume: 143,337

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$26.62B

Learn more about NWS stock on TipRanks’ Stock Analysis page.

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