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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 an extension of its share buy-back program, authorizing an additional US$1 billion for repurchasing its Nasdaq-listed Class A and Class B common stock. This move, part of the 2025 Repurchase Program, aims to enhance shareholder value and reflects the company’s confidence in its financial position and future prospects. The buy-back does not include ASX-listed CDIs and will be executed based on market conditions and stock prices.
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 operates in the media industry, focusing on providing news and information services. It is known for its diverse range of media properties, including newspapers, digital real estate services, book publishing, and cable network programming. The company primarily targets markets in the United States, Australia, and the United Kingdom.
Average Trading Volume: 147,216
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.44B
See more insights into NWS stock on TipRanks’ Stock Analysis page.