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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has provided an update.
News Corporation has reported under its existing share repurchase framework that it may buy back up to an aggregate US$2 billion of its Nasdaq-listed Class A and Class B common stock under programs first authorised in 2021 and expanded in 2025. The buybacks, which will be executed in the open market or otherwise subject to market conditions and share price, will not include ASX-listed CHESS Depositary Interests, and are expected to provide ongoing capital management flexibility and potential earnings-per-share accretion for shareholders by reducing the company’s outstanding equity base.
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, with its Class A and Class B common stock primarily listed on Nasdaq and represented on ASX via CHESS Depositary Interests. The group operates across news and information services, digital real estate, book publishing and subscription video, targeting audiences and advertisers worldwide through a diversified portfolio of media brands and platforms.
Average Trading Volume: 180,341
Technical Sentiment Signal: Hold
Current Market Cap: A$22.96B
Learn more about NWS stock on TipRanks’ Stock Analysis page.