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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) ) just unveiled an announcement.

News Corporation has announced a buy-back program for 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 move is part of a strategic effort to enhance shareholder value, subject to market conditions and stock prices, and does not include any repurchase of ASX-listed CDIs.

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 and information services industry, providing a range of products and services including news and information, book publishing, and digital real estate services. The company is known for its global reach and influence across various media platforms.

Average Trading Volume: 188,232

Technical Sentiment Signal: Hold

Current Market Cap: A$22.59B

For an in-depth examination of NWS stock, go to TipRanks’ Overview page.

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