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The latest announcement is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
News Corporation has reported daily activity under a previously authorised share repurchase program covering its Nasdaq-listed Class A and Class B common stock. The initiative, known as the 2025 Repurchase Program, allows the company to buy back up to US$1 billion of these U.S.-listed shares, while explicitly excluding any repurchases of ASX-listed CHESS Depositary Interests.
The company plans to execute the buybacks from time to time in the open market or through other methods, subject to market conditions, share price levels, and other factors. This capital management move is expected to support earnings per share and capital efficiency for holders of the underlying Nasdaq securities, but it leaves the structure and free float of the ASX-listed CDIs unchanged.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$53.00 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 shares trade on Nasdaq and as CHESS Depositary Interests on the ASX. The group operates through multiple classes of common stock, including Class A and Class B, and uses capital management programs such as share repurchases to adjust its equity structure and return value to shareholders.
Average Trading Volume: 262,945
Technical Sentiment Signal: Hold
Current Market Cap: A$20.19B
Learn more about NWS stock on TipRanks’ Stock Analysis page.