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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 under the 2025 Repurchase Program. This initiative, which follows a similar program from 2021, is subject to market conditions and aims to enhance shareholder value. The buy-back will not include any ASX-listed CDIs, and the company plans to execute these repurchases in the open market or through other means.
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, providing a range of products and services including news and information, book publishing, digital real estate services, and cable network programming. The company is focused on delivering content across various platforms to a global audience.
Average Trading Volume: 188,542
Technical Sentiment Signal: Hold
Current Market Cap: A$23.6B
Learn more about NWS stock on TipRanks’ Stock Analysis page.