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

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

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

News Corporation has announced a buy-back program involving its Nasdaq-listed Class A and Class B common stock, with an additional authorization of up to US$1 billion under the 2025 Repurchase Program. This strategic move, subject to market conditions, aims to enhance shareholder value and optimize the company’s capital structure, potentially impacting its market positioning and stakeholder interests.

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

News Corporation operates in the media industry, focusing on news and information services, book publishing, digital real estate services, and cable network programming. The company is known for its global reach and diverse portfolio, which includes prominent brands and platforms that serve a wide range of audiences.

Average Trading Volume: 193,812

Technical Sentiment Signal: Hold

Current Market Cap: A$22.71B

See more data about NWS stock on TipRanks’ Stock Analysis page.

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