News Corp Details Progress of US$1 Billion U.S. Share Repurchase Program

News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an update.

News Corporation has reported daily activity under its previously authorized 2025 repurchase program covering Nasdaq-listed Class A and Class B common stock, with capacity to buy back up to US$1 billion of shares in aggregate. The company will execute these repurchases from time to time in the open market or otherwise, while explicitly excluding ASX-listed CDIs from the program, which may gradually reduce share count and potentially enhance value for holders of its U.S.-listed equity.

The disclosure confirms that 141,420,202 Class B shares are currently on issue in the ASX-notified class, providing context for the scale of potential buy-backs relative to existing equity. By limiting the program to Nasdaq-listed securities and tying execution to market conditions and stock price, News Corp is signaling capital management discipline and a focus on optimizing its U.S. capital structure, which may alter liquidity and ownership dynamics between its U.S. and Australian investor bases.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$44.00 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 with dual-class common stock listed on Nasdaq and CDIs on the ASX. Its primary business spans news, publishing and related digital media assets, with separate Class A and Class B shares that reflect different voting rights and investor profiles across U.S. and Australian markets.

Average Trading Volume: 260,810

Technical Sentiment Signal: Hold

Current Market Cap: A$20.64B

Learn more about NWS stock on TipRanks’ Stock Analysis page.