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News Corporation Announces Additional $1 Billion Stock Buy-Back Program

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News Corporation Announces Additional $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, 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 decision, subject to market conditions and stock prices, aims to enhance shareholder value and reflects the company’s confidence in its long-term growth prospects.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$51.70 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 diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers and businesses worldwide. Its primary products and services include news and information, book publishing, digital real estate services, and subscription video services.

Average Trading Volume: 184,412

Technical Sentiment Signal: Hold

Current Market Cap: A$23.03B

Learn more about NWS stock on TipRanks’ Stock Analysis page.

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