tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

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

Story Highlights
News Corporation Announces US$1 Billion Stock Buy-Back Program

TipRanks Black Friday Sale

The latest update is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).

News Corporation has announced a buy-back program involving the repurchase of up to an additional US$1 billion of its Nasdaq-listed Class A and Class B common stock, as part of its 2025 Repurchase Program. This move, subject to market conditions and stock prices, aims to enhance shareholder value and reflects the company’s strategic focus on optimizing its capital structure, potentially impacting its market positioning and investor confidence.

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 media and information services company known for its diversified portfolio, which includes news and information services, book publishing, digital real estate services, and cable network programming. The company operates across various markets, focusing on delivering content and services that inform, educate, and entertain audiences worldwide.

Average Trading Volume: 192,272

Technical Sentiment Signal: Hold

Current Market Cap: A$23.96B

For a thorough assessment of NWS stock, go to 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