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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an announcement.
News Corporation has announced an extension of its share buy-back program, authorizing an additional US$1 billion for the repurchase of its Nasdaq-listed Class A and Class B common stock. This move, part of the 2025 Repurchase Program, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value, although it does not include any ASX-listed CDIs in these buy-back programs.
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 publishing, news, and information services. It offers a range of products and services including newspapers, digital real estate services, book publishing, and cable network programming, with a significant presence in the United States and Australia.
Average Trading Volume: 141,088
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.84B
Learn more about NWS stock on TipRanks’ Stock Analysis page.