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

The latest announcement is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).

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 as part of its 2025 Repurchase Program. This move is aimed at enhancing shareholder value and reflects the company’s confidence in its financial position and future prospects, although no ASX-listed CDIs will be repurchased.

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 that operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services. The company is known for its prominent media brands and has a significant presence in the media industry.

Average Trading Volume: 182,344

Technical Sentiment Signal: Hold

Current Market Cap: A$22.79B

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