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News Corporation Announces US$1 Billion Share Buy-back Program

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News Corporation Announces US$1 Billion Share Buy-back Program

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

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 the 2025 Repurchase Program, following the initial US$1 billion authorized in 2021. This move is aimed at repurchasing shares in the open market or otherwise, subject to market conditions and stock prices, but excludes ASX-listed CDIs.

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

Average Trading Volume: 187,395

Technical Sentiment Signal: Hold

Current Market Cap: A$22.62B

See more insights into NWS stock on TipRanks’ Stock Analysis page.

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