Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an announcement.
News Corporation has announced a buy-back program, authorizing an additional US$1 billion for the repurchase of its Nasdaq-listed Class A and Class B common stock. This initiative, part of the 2025 Repurchase Program, follows a similar authorization in 2021 and aims to enhance shareholder value by reducing the number of shares outstanding, depending on market conditions and stock prices.
The most recent analyst rating on (AU:NWS) stock is a Hold with a A$55.00 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, 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. It primarily serves markets in the United States, Australia, and the United Kingdom.
Average Trading Volume: 167,586
Technical Sentiment Signal: Buy
Current Market Cap: A$27.21B
See more data about NWS stock on TipRanks’ Stock Analysis page.