News Corp Reports Daily Activity Under US$2 Billion Share Buy-Back Programs
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News Corporation has announced daily buy-back activity under its US$2 billion share repurchase programs, which includes up to US$1 billion under its 2021 program and another US$1 billion under the 2025 program. The buy-back aims to reduce free float and support earnings per share. The latest analyst rating for News Corporation (AU:NWS) is a Hold with a price target of A$49.00. The company operates globally in media and information sectors, with a market cap of A$22.92 billion.
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