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 involving its Nasdaq-listed Class A and Class B common stock. The company has authorized an additional US$1 billion for this repurchase program, which is subject to market conditions and stock prices, aiming to enhance shareholder value by reducing the number of outstanding shares.

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

Average Trading Volume: 171,271

Technical Sentiment Signal: Hold

Current Market Cap: A$23.1B

See more insights into 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