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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 shared an announcement.

News Corporation has announced an update to its ongoing share buy-back program, initially authorized in 2021, with an additional $1 billion approved for 2025. This buy-back initiative, targeting the company’s Nasdaq-listed Class A and B common stock, aims to enhance shareholder value by repurchasing shares in the open market, subject to market conditions and stock prices.

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 is a global media and information services company focused on creating and distributing authoritative and engaging content across various platforms. It operates in sectors such as news and information services, book publishing, digital real estate services, and cable network programming.

Average Trading Volume: 157,919

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$25.97B

See more data about NWS stock on TipRanks’ Stock Analysis page.

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