News Corporation Announces $1 Billion Stock Buy-Back Program

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

News Corporation has announced a buy-back program for its Class A and Class B common stock, authorizing an additional US$1 billion under the 2025 Repurchase Program. This initiative, subject to market conditions and stock prices, aims to repurchase shares in the open market, potentially impacting the company’s stock value and shareholder returns positively.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$51.70 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 operates in the media and information services industry, focusing on publishing, news, and digital real estate services. The company is known for its diverse portfolio of media brands and operates globally, with significant market presence in the United States, Australia, and the United Kingdom.

Average Trading Volume: 190,089

Technical Sentiment Signal: Hold

Current Market Cap: A$23.5B

Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.