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News Corporation Expands Share Buyback Program by $1 Billion

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News Corporation Expands Share Buyback Program by $1 Billion

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The latest update 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 $1 billion to buy back 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 indicates confidence in its financial stability. The buyback will be conducted in the open market or otherwise, subject to 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$51.70 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, primarily engaged 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.

Average Trading Volume: 192,272

Technical Sentiment Signal: Hold

Current Market Cap: A$23.96B

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

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