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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 update to its buy-back program, originally authorized in 2021, which allows for the repurchase of up to $1 billion of its Nasdaq-listed Class A and Class B common stock. An additional $1 billion has been authorized for 2025, reflecting the company’s strategy to manage its capital structure and enhance shareholder value. This move is subject to market conditions and does not include ASX-listed CDIs.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$51.70 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 focused on creating and distributing authoritative and engaging content to consumers throughout the world. It operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services.
Average Trading Volume: 187,693
Technical Sentiment Signal: Hold
Current Market Cap: A$23.33B
For an in-depth examination of NWS stock, go to TipRanks’ Overview page.