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An announcement from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.
News Corporation has notified the ASX of a daily buy-back in relation to its Class B common stock CDIs, linked to an ongoing repurchase program covering its Nasdaq-listed Class A and Class B common stock. Under authorisations granted in 2021 and expanded in 2025, the company is permitted to repurchase up to an aggregate US$2 billion of its common stock in the open market or otherwise, though it has clarified that no ASX-listed CDIs will be repurchased under these programs, signaling a continued focus on returning capital via U.S.-listed equity while leaving its Australian CDI float unchanged.
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 whose securities trade on Nasdaq and as CHESS Depositary Interests on the ASX. It operates across news and information publishing, digital real estate services, book publishing and subscription video services, with its capital structure including Class A and Class B common stock and ASX-listed CDIs aimed at international investors.
Average Trading Volume: 160,795
Technical Sentiment Signal: Hold
Current Market Cap: A$23.01B
See more data about NWS stock on TipRanks’ Stock Analysis page.