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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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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an update.

News Corporation has announced a buy-back program involving its Nasdaq-listed Class A and Class B common stock. The 2025 Repurchase Program authorizes the company to repurchase up to an additional US$1 billion worth of these securities, subject to market conditions and stock prices. This move is part of a broader strategy to manage capital and potentially enhance shareholder value, though 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

Average Trading Volume: 171,271

Technical Sentiment Signal: Hold

Current Market Cap: A$23.1B

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

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