tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

News Corporation Announces $1 Billion Stock Buy-Back Program

Story Highlights
News Corporation Announces $1 Billion Stock Buy-Back Program

Claim 50% Off TipRanks Premium and Invest with Confidence

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 initiative, part of the 2025 Repurchase Program, follows a similar authorization in 2021 and is aimed at enhancing shareholder value. The company plans to execute these repurchases based on market conditions and stock prices, but no ASX-listed CDIs will be included in these buy-back programs.

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, primarily involved in the creation and distribution of authoritative and engaging content to consumers and businesses throughout the world. Its operations span across various segments including news and information services, book publishing, digital real estate services, and subscription video services.

Average Trading Volume: 183,593

Technical Sentiment Signal: Hold

Current Market Cap: A$23.07B

Learn more about NWS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1