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News Corp Details Progress of US$2 Billion Share Repurchase Programs

Story Highlights
  • News Corporation is executing authorised buy-backs of its Nasdaq-listed Class A and B common stock under existing repurchase programs.
  • The combined US$2 billion repurchase capacity aims to manage capital and potentially enhance shareholder value, with no ASX-listed CDIs included.
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News Corp Details Progress of US$2 Billion Share Repurchase Programs

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An update from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.

News Corporation has reported daily activity under its existing share repurchase authorisations covering its Nasdaq-listed Class A and Class B common stock, confirming that no ASX-listed CHESS Depositary Interests (CDIs) will be bought back under these programs. The company is operating under a US$1 billion repurchase program approved in 2021 and a further US$1 billion authorisation granted in July 2025, allowing it to buy back up to US$2 billion of stock in total, subject to market conditions and other factors, a move that can support earnings per share and capital management objectives while signalling management’s confidence in the company’s long-term value to investors.

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 businesses span news and information, digital real estate, book publishing and subscription video services. Its primary products include news and financial content, print and digital publications, and related digital platforms, with securities listed on Nasdaq and CHESS Depositary Interests traded on the ASX.

Average Trading Volume: 178,518

Technical Sentiment Signal: Hold

Current Market Cap: A$23.16B

See more insights into NWS stock on TipRanks’ Stock Analysis page.

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