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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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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 the 2025 Repurchase Program. This move is intended to enhance shareholder value and reflects the company’s confidence in its financial position and future prospects, though it does not include the repurchase of ASX-listed CDIs.

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 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 global reach and influence in the media industry, with a focus on delivering content across multiple platforms.

Average Trading Volume: 175,694

Technical Sentiment Signal: Hold

Current Market Cap: A$22.81B

For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.

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