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The latest update is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
News Corporation has notified the ASX of the cessation of 440,073 Class A common stock securities, recorded under the code NWSAA. The shares were cancelled as part of a buy-back program completed on March 6, 2026, effectively reducing the company’s issued capital.
The cancellation signals an active capital management strategy that can enhance earnings per share and potentially support shareholder value. This move may also underscore management’s confidence in the company’s financial position and longer-term outlook, while modestly tightening the stock’s free float.
The most recent analyst rating on (AU:NWS) stock is a Hold with a A$42.00 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 listed on the ASX under the code NWS. It operates across news, publishing and related content businesses, providing media products to consumers and advertisers in multiple markets.
Average Trading Volume: 222,088
Technical Sentiment Signal: Hold
Current Market Cap: A$20.24B
For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.