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News Corporation Expands Stock Buy-Back Program with Additional $1 Billion Authorization

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News Corporation Expands Stock Buy-Back Program with Additional $1 Billion Authorization

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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an announcement.

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 strategic move, subject to market conditions, aims to enhance shareholder value and reflects the company’s confidence in its financial position and future 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 is a global media and information services company, primarily engaged 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 cable network programming.

Average Trading Volume: 143,337

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$26.69B

For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.

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