Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an announcement.
News Corporation has announced a repurchase program for up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. This buy-back initiative, which will not include ASX-listed CDIs, is subject to market conditions and aims to enhance shareholder value by reducing the number of outstanding shares, potentially increasing the value of remaining shares and improving financial metrics.
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 diversified media and information services company, primarily engaged in the creation and distribution of authoritative and engaging content. The company operates across various segments including news and information services, book publishing, digital real estate services, and subscription video services, with a significant presence in the United States and Australia.
Average Trading Volume: 160,008
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$27.13B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.