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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an announcement.
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 move, which follows a similar authorization in 2021, is aimed at optimizing the company’s capital structure and enhancing shareholder value, reflecting a strategic decision to invest in its own shares amidst current market conditions.
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 engaged in the creation and distribution of authoritative and engaging content to consumers and businesses throughout the world. The company operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services.
Average Trading Volume: 182,344
Technical Sentiment Signal: Hold
Current Market Cap: A$22.79B
For an in-depth examination of NWS stock, go to TipRanks’ Overview page.