tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

News Corporation Expands Stock Buy-Back Program by $1 Billion

Story Highlights
News Corporation Expands Stock Buy-Back Program by $1 Billion

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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 as part of the 2025 Repurchase Program. This move is expected to enhance shareholder value and reflects the company’s confidence in its financial position and future prospects, although no ASX-listed CDIs will be repurchased.

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 operates in the media and information services industry, providing a wide range of products including news, information, and entertainment services. The company is known for its focus on delivering high-quality content across various platforms, catering to a global audience.

Average Trading Volume: 165,865

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$26.69B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1