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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 shared an update.

News Corporation has announced a buy-back program for its Nasdaq-listed Class A and Class B common stock, with an additional authorization of US$1 billion under the 2025 Repurchase Program. This move is part of a strategic effort to manage the company’s capital structure and potentially enhance shareholder value, reflecting confidence in the company’s financial health 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 is a diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers and businesses throughout the world. It operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services.

Average Trading Volume: 186,862

Technical Sentiment Signal: Hold

Current Market Cap: A$23B

For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.

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