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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 confirmed daily activity under its previously authorised share repurchase programs, which together allow the company to buy back up to US$2 billion of its Nasdaq-listed Class A and Class B common stock. Under the 2021 and expanded 2025 repurchase authorisations, the company may repurchase shares from time to time in the open market or otherwise, but will not buy back any ASX-listed CHESS Depositary Interests, indicating a focus on reducing the free float and managing capital primarily in its U.S.-listed equity while leaving the CDI structure unchanged for Australian investors.
The most recent analyst rating on (AU:NWS) stock is a Hold with a A$47.00 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 whose primary activities span news and information publishing, digital real estate services, subscription video services and book publishing, with its equity traded in multiple markets including Nasdaq and represented on ASX via CHESS Depositary Interests. Its capital structure includes Class A and Class B common stock, reflecting differentiated voting rights common in media companies focused on maintaining strategic control while accessing public equity markets.
Average Trading Volume: 145,278
Technical Sentiment Signal: Hold
Current Market Cap: A$23.62B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.