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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 announcement.

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 under the 2025 Repurchase Program. This move, subject to market conditions and stock prices, aims to enhance 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$67.50 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 operations in various segments including news and information services, book publishing, digital real estate services, and subscription video services. The company focuses on delivering high-quality content and services to a global audience, leveraging its extensive portfolio of media assets.

Average Trading Volume: 204,706

Technical Sentiment Signal: Hold

Current Market Cap: A$23.33B

See more data about NWS stock on TipRanks’ Stock Analysis page.

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