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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an update.
News Corporation has announced a continuation of its stock repurchase initiatives, authorizing an additional $1 billion under its 2025 Repurchase Program. This builds on its 2021 program, which also authorized $1 billion. The buyback reflects the company’s strategic preference for returning value to shareholders and optimizing its capital allocation, although no ASX-listed CDIs will be repurchased under these programs.
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 publishing industry, offering a range of products and services, including news, digital real estate services, subscription video services, book publishing, and marketing solutions. The company focuses on delivering content through various platforms and holds a strong global presence, including its Class A and B common stock traded on Nasdaq.
Average Trading Volume: 175,543
Technical Sentiment Signal: Hold
Current Market Cap: A$22.93B
Learn more about NWS stock on TipRanks’ Stock Analysis page.