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.
News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued 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, reflects the company’s strategic focus on enhancing shareholder value and optimizing its capital structure, while no ASX-listed CDIs will be repurchased. The buyback is subject to market conditions and stock prices, indicating a proactive approach to managing its equity and potentially boosting investor confidence.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$54.70 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 diversified 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 a variety of segments, including news and information services, book publishing, digital real estate services, and subscription video services, with a strong market presence across the United States, Australia, and the United Kingdom.
Average Trading Volume: 164,774
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.99B
See more insights into NWS stock on TipRanks’ Stock Analysis page.