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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) ) just unveiled an update.

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 as part of its 2025 Repurchase Program. This move, subject to market conditions and stock prices, aims to enhance shareholder value and reflects the company’s confidence in its financial stability and future growth prospects.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$48.90 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 news and publishing. The company offers a range of products and services, including newspapers, digital real estate services, book publishing, and cable network programming, with a significant presence in the United States and Australia.

Average Trading Volume: 157,919

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$25.98B

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

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