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News Corporation Expands Stock Buy-Back Program

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News Corporation Expands Stock Buy-Back Program

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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, which involves the repurchase of its Nasdaq-listed Class A and Class B common stock. The company has authorized an additional US$1 billion for the 2025 Repurchase Program, following the initial US$1 billion authorized in 2021. This strategic move is expected to impact the company’s stock market operations by potentially increasing shareholder value and optimizing its capital structure.

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

Average Trading Volume: 185,653

Technical Sentiment Signal: Hold

Current Market Cap: A$23B

See more insights into NWS stock on TipRanks’ Stock Analysis page.

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