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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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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, authorizing the repurchase of up to an additional US$1 billion of its Nasdaq-listed Class A and Class B common stock, as part of its 2025 Repurchase Program. This initiative, which follows a similar program in 2021, is aimed at enhancing shareholder value and reflects the company’s confidence in its financial position and future prospects.

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 global media and information services company that operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services. The company is known for its diverse portfolio of media assets and its focus on delivering high-quality content across different platforms.

Average Trading Volume: 169,173

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$27.61B

For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.

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