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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 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 is aimed at enhancing shareholder value by buying back shares in the open market, subject to market conditions and stock prices. The company does not plan to repurchase any ASX-listed CDIs as part of this program.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$62.00 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 is a global media and information services company, primarily involved in the creation and distribution of authoritative and engaging content across various platforms. The company operates in industries such as news and information services, book publishing, digital real estate services, and subscription video services, with a market focus on delivering high-quality content and services to consumers worldwide.
Average Trading Volume: 169,584
Technical Sentiment Signal: Buy
Current Market Cap: A$27.98B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.