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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 lodged a daily notification with the ASX outlining activity under its previously authorized 2025 Repurchase Program, which covers its Nasdaq-listed Class A and Class B common stock. The program permits buy-backs of up to US$1 billion in aggregate across both classes of common stock, providing the company with flexibility to adjust its capital structure over time.
The company confirmed that no ASX-listed Chess Depositary Interests will be repurchased under this program, meaning Australian CDI holders are not directly included in the current buy-back activity. The initiative underscores News Corporation’s ongoing capital management strategy, potentially supporting earnings per share and signaling confidence in the underlying value of its U.S.-listed equity.
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 and publishing company whose securities trade in multiple markets, including Nasdaq and the ASX. The company issues Class A and Class B common stock, with Chess Depositary Interests representing its shares for Australian investors. Its operations span news, information and related media services across key international markets.
Average Trading Volume: 262,879
Technical Sentiment Signal: Hold
Current Market Cap: A$20.45B
See more insights into NWS stock on TipRanks’ Stock Analysis page.