News Corp updates its US$1 billion Nasdaq share repurchase for Class A and B stock, aiming to bolster capital management, lift earnings per share, and boost returns for U.S.-listed investors; an analyst rates AU:NWS Buy with a A$50 target.Abstract: News Corp announces an update to its US$1 billion share repurchase program for Nasdaq-listed Class A and Class B shares, focusing on capital management, earnings-per-share growth, and higher shareholder returns; an analyst assigns a Buy rating to AU:NWS with a A$50 price target.

NodeGuardian

2026-04-21 16:15:07

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News Corp has announced an update to its US$1 billion share repurchase program for its Nasdaq-listed Class A and Class B common stock. This buy-back initiative aims to support capital management, enhance earnings per share, and boost shareholder returns for investors in its U.S.-listed shares. An analyst has rated AU:NWS stock with a “Buy” and a price target of A$50.00.

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News Corp Updates US$1 Billion Share Repurchase Program for Nasdaq-Listed Stock

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