Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
An announcement from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has announced an update to its buy-back program, initially notified on September 22, 2021, and previously updated on January 17, 2025. Under this program, the company plans to repurchase up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock, depending on market conditions and stock prices. This buy-back is part of an ‘other buy-back’ strategy, which specifically excludes the repurchase of ASX-listed CDIs. This move may impact the company’s market positioning by potentially enhancing shareholder value and managing capital allocation more effectively.
More about News Corporation Shs B Chess Depository Interests repr 1 Sh
News Corporation operates in the media and information services industry, offering a range of services from news and information, book publishing, cable network programming, and digital real estate services to marketing services. The company is primarily focused on delivering content across an array of platforms, catering to a broad market that includes consumers, advertisers, and businesses.
YTD Price Performance: -0.87%
Average Trading Volume: 120,202
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$26.15B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.
