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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled 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. This move, part of the 2025 Repurchase Program, follows a similar authorization in 2021 and is subject to market conditions and stock prices. The buy-back is expected to enhance shareholder value by reducing the number of outstanding shares, potentially improving earnings per share and signaling confidence in the company’s financial health.
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 is a global media and information services company, primarily focusing on the creation and distribution of authoritative and engaging content to consumers and businesses worldwide. The company operates in various segments, including news and information services, book publishing, digital real estate services, and subscription video services.
Average Trading Volume: 193,812
Technical Sentiment Signal: Hold
Current Market Cap: A$22.71B
Learn more about NWS stock on TipRanks’ Stock Analysis page.