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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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An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.

News Corporation has announced a buy-back program, authorizing an additional US$1 billion for the repurchase of its Nasdaq-listed Class A and Class B common stock. This initiative, part of the 2025 Repurchase Program, aims to enhance shareholder value and reflects the company’s confidence in its financial health and future prospects. The buy-back is subject to market conditions and will not include ASX-listed CDIs.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$48.90 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 subscription video services. The company is known for its global reach and diverse portfolio of media properties, including newspapers, television networks, and online platforms.

Average Trading Volume: 143,337

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$26.62B

Learn more about NWS stock on TipRanks’ Stock Analysis page.

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