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News Corporation Expands Share Repurchase Program

Story Highlights
  • News Corporation authorized an additional $1 billion for share repurchases under its 2025 program.
  • The repurchase aims to enhance shareholder value by buying back Class A and B common stock, optimizing capital allocation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corporation Expands Share Repurchase Program

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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an update.

News Corporation has announced the continuation of its share repurchase program with an additional authorization of $1 billion under the 2025 Repurchase Program. This initiative, which follows the 2021 program, reflects the company’s ongoing commitment to optimizing capital allocation, likely improving shareholder value by repurchasing a combination of Class A and Class B common stock in the open market or through other methods, subject to market conditions and other factors.

The most recent analyst rating on (AU:NWS) stock is a Hold with a A$49.00 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 and publishing industry, offering a diverse range of services and products including television, news publishing, and information services. The company focuses on global markets and is publicly traded on multiple stock exchanges.

Average Trading Volume: 175,543

Technical Sentiment Signal: Hold

Current Market Cap: A$22.93B

Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.

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