News Corp Activates US$1bn Buy-Back Focused on Nasdaq-Listed Shares

An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.

News Corporation has notified the ASX of activity under its previously authorised 2025 Repurchase Program, which allows for the buy-back of up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. The company plans to execute these repurchases from time to time in the open market or through other means, while explicitly excluding ASX-listed CHESS Depositary Interests from the program, signaling targeted capital management focused on its U.S.-listed equity structure.

The latest filing confirms that 141,640,129 Class B common shares are on issue in the relevant class and reiterates that no minimum number of shares is required to be repurchased, although the company has set the US$1 billion program as an upper limit. This approach gives News Corporation flexibility to adjust buy-back volumes in response to market conditions and share price levels, potentially supporting earnings per share and capital returns for holders of its Nasdaq-listed stock.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$44.00 price target. To see the full list of analyst forecasts on News Corporation Shs B Chess Depository Interests repr 1 Sh stock, see the AU:NWS Stock Forecast page.

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

News Corporation is a global media and information services company with a focus on news, publishing and related digital content. Its securities trade on multiple exchanges, including Nasdaq and ASX, with separate classes of common stock reflecting different voting and economic rights for investors.

Average Trading Volume: 240,232

Technical Sentiment Signal: Hold

Current Market Cap: A$20.3B

For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.