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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 the repurchase of up to an additional US$1 billion of its Nasdaq-listed Class A and Class B common stock under the 2025 Repurchase Program. This move, which follows a similar authorization in 2021, reflects the company’s strategy to optimize its capital structure and potentially enhance shareholder value, depending on market conditions and stock prices. The buy-back will not include ASX-listed CDIs, and it highlights the company’s focus on strengthening its financial position and market presence.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$62.00 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, digital real estate services, and subscription video services. The company is known for its global reach and significant influence in the media sector.
Average Trading Volume: 169,584
Technical Sentiment Signal: Buy
Current Market Cap: A$27.98B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.