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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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 buy-back program, initially notified in September 2021, with a new announcement date of July 14, 2025. The company plans to repurchase up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock, subject to market conditions and other factors, but will not include ASX-listed CDIs in this program. This strategic move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure, potentially impacting its stock market performance and investor relations.
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 that operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services. The company is known for its significant presence in the media industry, providing a wide range of content and services across different platforms and markets.
Average Trading Volume: 151,406
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.77B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.