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News Corporation Announces $1 Billion Stock Buy-Back Program

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News Corporation Announces $1 Billion Stock Buy-Back Program

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

News Corporation has announced a buy-back program involving the repurchase of up to $1 billion of its Class A and Class B common stock under the 2025 Repurchase Program. This initiative, which follows a similar program from 2021, is aimed at enhancing shareholder value and reflects the company’s confidence in its market positioning and future prospects.

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

News Corporation operates in the media and information services industry, providing a range of products including news and information services, book publishing, digital real estate services, and cable network programming. The company is known for its global reach and diverse portfolio of media assets.

Average Trading Volume: 143,337

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$26.62B

For an in-depth examination of NWS stock, go to TipRanks’ Overview page.

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