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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 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, allows the company to repurchase shares in the open market or otherwise, subject to market conditions and stock price considerations. The decision is expected 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$48.70 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 that operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services. It primarily focuses on delivering content and services to a wide audience across multiple platforms.
Average Trading Volume: 144,283
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.61B
See more insights into NWS stock on TipRanks’ Stock Analysis page.