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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 update.

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 strategic move, subject to market conditions, is aimed at enhancing 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 Hold with a A$49.00 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 operates in the media and information services industry, providing a range of services including news and information, book publishing, digital real estate services, and subscription video services. The company is a prominent player in the global media landscape, focusing on delivering content across various platforms.

Average Trading Volume: 192,787

Technical Sentiment Signal: Hold

Current Market Cap: A$22.89B

See more insights into NWS stock on TipRanks’ Stock Analysis page.

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