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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 provided an update.

News Corporation has announced a buy-back program for its Class A and Class B common stock, authorizing an additional US$1 billion under the 2025 Repurchase Program. This initiative, subject to market conditions and stock prices, aims to repurchase shares in the open market or otherwise, enhancing shareholder value and potentially impacting the company’s market positioning positively.

The most recent analyst rating on (AU:NWS) stock is a Hold with a A$54.00 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 is a global media and information services company that operates in various segments, including news and information services, book publishing, digital real estate services, and subscription video services. The company is primarily focused on providing content and services across multiple platforms, catering to a diverse audience worldwide.

Average Trading Volume: 163,922

Technical Sentiment Signal: Buy

Current Market Cap: A$25.36B

For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.

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