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News Corp Clarifies ASX Governance Compliance After Board Departure

Story Highlights
  • News Corp corrected its ASX governance filings after a board departure reduced its Compensation Committee to two independent members.
  • The company’s amended disclosures highlight a temporary departure from an ASX recommendation while remaining compliant with its charter and Nasdaq rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp Clarifies ASX Governance Compliance After Board Departure

Meet Samuel – Your Personal Investing Prophet

The latest update is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).

News Corp has lodged an amended Appendix 4G and updated Corporate Governance Statement with the ASX to correct its previous disclosure on compliance with a key corporate governance recommendation. The company clarified that, following a board member’s departure on 20 November 2024, its Compensation Committee was reduced to two members, both independent directors, which no longer met the ASX Corporate Governance Council recommendation that such a committee have at least three members.

While this structure remains consistent with News Corp’s own Compensation Committee Charter and applicable Nasdaq listing rules, it constitutes a formal departure from the ASX guidance for the relevant period. The updated corporate governance disclosures, current as of 11 February 2026 and approved by the board, provide investors with more accurate transparency on how the company’s board committees operated relative to local governance best-practice standards.

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 Corp is a global, diversified media and information services company that creates and distributes authoritative and engaging content, as well as related products and services. Its portfolio spans information services and news, digital real estate services and book publishing, with primary operations in the United States, Australia and the United Kingdom, and distribution reaching audiences worldwide.

Average Trading Volume: 165,305

Technical Sentiment Signal: Hold

Current Market Cap: A$18.66B

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

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