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News Corporation Expands Stock Repurchase Program

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News Corporation Expands Stock Repurchase Program

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The latest update is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).

News Corporation has announced an update to its ongoing 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, highlights the company’s strategy to enhance shareholder value and optimize its capital structure, although it excludes ASX-listed CDIs from the buyback.

The most recent analyst rating on (AU:NWS) stock is a Hold with a A$49.00 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 to consumers and businesses throughout the world. The company operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services.

Average Trading Volume: 170,525

Technical Sentiment Signal: Hold

Current Market Cap: A$23.08B

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

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