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News Corporation Expands Share Buy-Back Program with Additional $1 Billion Authorization

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News Corporation Expands Share Buy-Back Program with Additional $1 Billion Authorization

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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an update.

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 enhance shareholder value and optimize its capital structure, potentially impacting its stock market performance and investor confidence.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$48.70 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 diversified media and information services company, primarily involved in the creation and distribution of authoritative and engaging content to consumers and businesses throughout the world. The company operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services, with a strong market presence in the United States and Australia.

Average Trading Volume: 145,785

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$27.27B

For an in-depth examination of NWS stock, go to TipRanks’ Overview page.

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