Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an update.
News Corporation has announced an update to its buy-back program, authorizing an additional US$1 billion for the repurchase of its Nasdaq-listed Class A and Class B common stock. This move, part of the 2025 Repurchase Program, follows a similar authorization in 2021 and reflects the company’s strategy to manage its capital structure and enhance shareholder value. The buy-back is subject to market conditions and will not include ASX-listed CDIs, potentially impacting the company’s stock valuation and investor confidence.
The most recent analyst rating on (AU:NWS) stock is a Hold with a A$54.00 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 information services industry, focusing on the creation and distribution of authoritative and engaging content. Its primary products and services include news and information services, book publishing, digital real estate services, and subscription video services. The company has a significant market presence, particularly in the United States and Australia.
Average Trading Volume: 165,143
Technical Sentiment Signal: Buy
Current Market Cap: A$26.53B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.