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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an update.
News Corporation has announced an extension of its share repurchase program, authorizing an additional US$1 billion for the buyback of 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 buyback will be conducted in the open market or through other means, depending on market conditions and stock prices, but will not include ASX-listed CDIs.
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 global media and information services company that operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services. The company is known for its diverse portfolio of media brands and its focus on delivering high-quality content across multiple platforms.
Average Trading Volume: 148,449
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.65B
Learn more about NWS stock on TipRanks’ Stock Analysis page.