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News Corp Cancels Over 560,000 Class A Shares in Capital Management Move

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News Corp Cancels Over 560,000 Class A Shares in Capital Management Move

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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an update.

News Corporation has announced the cessation of 561,747 Class A common stock securities (ASX code NWSAA), which were cancelled as part of a buy-back transaction effective 2 January 2026. The reduction in issued capital through this share cancellation may enhance capital management efficiency and could modestly increase the ownership percentage of remaining shareholders, signalling ongoing efforts by the company to optimise 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 with interests spanning news and information publishing, digital real estate services, book publishing, cable network programming and subscription video services. Listed on the ASX under code NWS, the company operates across multiple markets, delivering news, entertainment and data-driven services to consumers and businesses worldwide.

Average Trading Volume: 160,795

Technical Sentiment Signal: Hold

Current Market Cap: A$22.99B

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

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