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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 announcement.

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 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.

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, focusing on publishing, news, and digital real estate services. It is known for its diverse portfolio of media assets, including newspapers, television, and digital platforms, with a significant market presence in the United States and Australia.

Average Trading Volume: 183,593

Technical Sentiment Signal: Hold

Current Market Cap: A$23.07B

For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.

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