News Corp Progresses US$1 Billion Buy-Back of Nasdaq-Listed Shares, Excluding ASX CDIs
News Corp is proceeding with a 2025 repurchase program of up to US$1 billion for its Nasdaq-listed Class A and B shares. This buy-back aims to manage capital, potentially increasing EPS and shareholder returns, and specifically excludes ASX-listed CDIs. An analyst has rated AU:NWS stock as a Buy with a A$64.40 price target.
https://www.tipranks.com/news/company-announcements/news-corp-progresses-us1-billion-buy-back-of-nasdaq-listed-shares-excluding-asx-cdis