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News Corp details daily activity under US$1bn U.S. share buy-back program

Story Highlights
  • News Corp reported daily activity under its 2025 repurchase program for Class A and B stock.
  • The US$1bn buy-back targets only Nasdaq-listed shares, leaving ASX CDIs untouched.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp details daily activity under US$1bn U.S. share buy-back program

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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an announcement.

News Corporation has notified the ASX of activity under its previously authorised 2025 Repurchase Program, which allows the company to buy back up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. The latest filing is a daily buy-back notification and confirms that the program targets only U.S.-listed shares, with no repurchase of ASX-listed CHESS Depositary Interests, thereby focusing capital management on its primary U.S. equity lines while leaving the CDI float unchanged.

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 publishing company with shares listed on Nasdaq and CDIs traded on the ASX. It issues Class A and Class B common stock and operates in news, information, and related media services, giving investors exposure to international media markets through different share classes.

Average Trading Volume: 159,707

Technical Sentiment Signal: Hold

Current Market Cap: A$18.84B

For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.

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