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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 provided 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. This move, part of the 2025 Repurchase Program, follows a similar authorization in 2021 and aims to enhance shareholder value by reducing the number of shares outstanding. The company will execute these repurchases based on market conditions and stock prices, excluding any ASX-listed CDIs.

The most recent analyst rating on (AU:NWS) stock is a Hold with a A$52.00 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

Average Trading Volume: 194,296

Technical Sentiment Signal: Hold

Current Market Cap: A$24.19B

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

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