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News Corporation Updates US$1 Billion Stock Buy-Back Program

Story Highlights

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, initially notified on September 22, 2021, with a recent amendment dated April 7, 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 stock prices. This strategic move is expected to potentially enhance shareholder value and optimize the company’s capital structure.

More about News Corporation Shs B Chess Depository Interests repr 1 Sh

News Corporation operates in the media and information services industry, providing a wide range of products and services including news, information, and entertainment content. The company is known for its global reach and diverse portfolio, which includes newspapers, television broadcasting, and digital real estate services.

YTD Price Performance: -6.53%

Average Trading Volume: 193,040

Technical Sentiment Signal: Sell

Current Market Cap: A$24.06B

Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.

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