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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an announcement.
News Corporation has notified the market of the cessation of 350,020 Class A common stock securities on the ASX, recorded under code NWSAA. The shares ceased on May 1, 2026, following cancellation pursuant to another form of buy-back, effectively reducing the company’s issued capital and signaling ongoing capital management activity that may influence share structure and shareholder value.
The announcement, lodged as a new Appendix 3H notification dated May 4, 2026, confirms the formal removal of these securities from the company’s listed capital base. This step underscores News Corporation’s use of buy-backs as a tool to manage its equity base, which can have implications for earnings per share dynamics and the ownership profile of remaining investors.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$56.00 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 and information publishing, digital real estate services, and book publishing. The company’s primary products include newspapers, digital news platforms, and related media assets, with a market focus on major English-speaking territories and international audiences across multiple distribution channels.
Average Trading Volume: 229,644
Technical Sentiment Signal: Hold
Current Market Cap: A$21.31B
See more insights into NWS stock on TipRanks’ Stock Analysis page.