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The latest update is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
News Corporation has announced a buy-back program, authorizing the repurchase of up to an additional US$1 billion of its Nasdaq-listed Class A and Class B common stock. This move, part of the 2025 Repurchase Program, follows a similar authorization in 2021 and reflects the company’s strategic focus on returning value to shareholders. The buy-back will occur in the open market or otherwise, subject to market conditions and stock prices, and does not include ASX-listed CDIs. This initiative is expected to impact the company’s financial structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$62.00 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 with a focus on creating and distributing authoritative and engaging content to consumers and businesses throughout the world. It operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services.
Average Trading Volume: 169,173
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$27.61B
Learn more about NWS stock on TipRanks’ Stock Analysis page.