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An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has reported to the ASX that it is continuing to execute its previously authorised share repurchase initiatives, covering its Nasdaq-listed Class A and Class B common stock. The company is able to buy back up to an aggregate US$1 billion of stock under its 2021 repurchase program and an additional US$1 billion under the repurchase program authorised in July 2025, with purchases to be made from time to time in the open market or otherwise, subject to market conditions and other factors; the company has clarified that ASX-listed CDIs will not be repurchased under these programs, which underscores a focus on reducing the Nasdaq-listed free float and potentially enhancing earnings per share for remaining shareholders in those lines of stock.
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 company whose securities include Nasdaq-listed Class A and Class B common stock as well as ASX-listed CHESS Depositary Interests (CDIs). The group operates across news, information, and related media assets, with its equity traded in multiple jurisdictions, including the ASX under issuer code NWS.
Average Trading Volume: 180,341
Technical Sentiment Signal: Hold
Current Market Cap: A$22.96B
For an in-depth examination of NWS stock, go to TipRanks’ Overview page.