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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) ) just unveiled 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, subject to market conditions and stock prices, aims to enhance shareholder value and optimize the company’s capital structure, although it does not include ASX-listed CDIs.

The most recent analyst rating on (AU:NWS) stock is a Hold with a A$54.00 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 focused on creating and distributing authoritative and engaging content to consumers and businesses throughout the world. It operates in several segments, including news and information services, book publishing, digital real estate services, and subscription video services.

Average Trading Volume: 163,922

Technical Sentiment Signal: Buy

Current Market Cap: A$25.36B

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

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