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News Corp Cancels 166,599 Class B Shares in ASX Buy-Back Move

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News Corp Cancels 166,599 Class B Shares in ASX Buy-Back Move

Meet Samuel – Your Personal Investing Prophet

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

News Corporation has notified the Australian Securities Exchange of the cessation of 166,599 Class B common stock shares, recorded under the ASX code NWSAB. The shares were cancelled on 24 April 2026 as part of a buy-back transaction.

The reduction in issued capital through this buy-back-related cancellation may marginally increase the ownership percentage of remaining shareholders and signals ongoing capital management activity by the company. The announcement formalises the change in the company’s share structure and keeps the market informed about adjustments to its outstanding securities.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$50.00 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 operations spanning news publishing, broadcasting, and digital media. It issues Class B common stock on the ASX, reflecting its international shareholder base and access to Australian capital markets.

Average Trading Volume: 255,601

Technical Sentiment Signal: Hold

Current Market Cap: A$21.44B

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

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