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An announcement from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has announced an update to its existing buy-back program, initially authorized in 2021, which allows for the repurchase of up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. An additional US$1 billion has been authorized under the 2025 Repurchase Program. This strategic move is aimed at optimizing the company’s capital structure and enhancing shareholder value, reflecting confidence in its financial position and future prospects.
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: 187,693
Technical Sentiment Signal: Hold
Current Market Cap: A$23.33B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.