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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, reflects the company’s strategy to enhance shareholder value and manage its capital structure effectively. The buyback will be conducted based on market conditions and stock prices, and no ASX-listed CDIs will be repurchased. This decision underscores News Corporation’s confidence in its financial position and its commitment to returning capital to shareholders.
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 primarily operates in the media industry. It offers a range of services including news and information, book publishing, digital real estate services, and cable network programming. The company is known for its diverse portfolio of media assets and its focus on delivering content across various platforms to a global audience.
Average Trading Volume: 148,449
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.65B
See more insights into NWS stock on TipRanks’ Stock Analysis page.