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News Corporation Expands Stock Repurchase Program

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News Corporation Expands Stock Repurchase Program

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

News Corporation has announced an extension of its stock repurchase program, authorizing an additional US$1 billion for the buyback of its Nasdaq-listed Class A and Class B common stock. This move, part of the 2025 Repurchase Program, aims to enhance shareholder value and reflects the company’s confidence in its financial health and future prospects.

The most recent analyst rating on (AU:NWS) stock is a Hold with a A$55.00 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 range of products and services including news, information, and entertainment. The company focuses on delivering content through various platforms, catering to a global audience.

Average Trading Volume: 157,795

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$27.54B

For an in-depth examination of NWS stock, go to TipRanks’ Overview page.

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