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News Corp Cancels 244,604 Class B Shares Under Buy-Back

Story Highlights
  • News Corporation operates globally in media and information services across key markets.
  • The company cancelled 244,604 Class B shares on ASX as part of a buy-back, trimming its issued capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp Cancels 244,604 Class B Shares Under Buy-Back

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

News Corporation has notified the cessation of 244,604 Class B common stock securities (ASX code NWSAB) on the Australian Securities Exchange, following a cancellation executed under a buy-back arrangement effective 2 January 2026. The reduction in Class B shares slightly decreases the company’s issued capital base, which may have implications for capital management metrics and shareholder equity distribution, signalling continued active management of its capital structure.

The most recent analyst rating on (AU:NWS) stock is a Hold with a A$49.00 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, operating across news and information, book publishing, digital real estate services, and subscription video services. Listed on the ASX under the code NWS, it manages a portfolio of media brands and digital assets serving consumers and businesses in key markets including the United States, the United Kingdom and Australia.

Average Trading Volume: 160,795

Technical Sentiment Signal: Hold

Current Market Cap: A$22.99B

Learn more about NWS stock on TipRanks’ Stock Analysis page.

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