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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

TipRanks Black Friday Sale

News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an announcement.

News Corporation has announced a buy-back program involving its Nasdaq-listed Class A and Class B common stock, with an additional authorization of US$1 billion under the 2025 Repurchase Program. This initiative, subject to market conditions, aims to repurchase shares in the open market, reflecting the company’s strategic focus on optimizing capital allocation and potentially enhancing shareholder value.

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

News Corporation is a global media and information services company with a focus on creating and distributing authoritative and engaging content to consumers worldwide. The company operates in various segments, including news and information services, book publishing, digital real estate services, and subscription video services, catering to a diverse audience across different markets.

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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