TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has announced a buy-back program involving its Nasdaq-listed Class A and Class B common stock. The company has authorized an additional US$1 billion for the 2025 Repurchase Program, following a similar authorization in 2021. This move is part of a strategy to repurchase shares in the open market, subject to market conditions and stock prices. The buy-back is expected to impact the company’s capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$51.70 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 diversified media and information services company. Its primary products and services include news and information services, book publishing, digital real estate services, and subscription video services. The company operates globally, with a focus on delivering content across various platforms to a wide audience.
Average Trading Volume: 189,415
Technical Sentiment Signal: Hold
Current Market Cap: A$24.12B
Learn more about NWS stock on TipRanks’ Stock Analysis page.