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The latest announcement is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
News Corporation has announced an extension of its share repurchase program, authorizing an additional US$1 billion for the buyback of its Class A and Class B common stock. This move, part of the 2025 Repurchase Program, reflects the company’s strategic focus on enhancing shareholder value and optimizing its capital structure, although it does not include ASX-listed CDIs in the buyback.
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 delivering news and information services. The company is known for its diverse portfolio of media assets, 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: 157,919
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$25.98B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.