Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an announcement.
News Corporation has disclosed details of a buy-back relating to its Nasdaq-listed Class B common stock, under a broader repurchase program that also covers Class A shares. The company has 140,986,431 Class B shares on issue in this class and is using an “other buy-back” structure reflecting its non-Australian incorporation.
Under the 2025 Repurchase Program, News Corp is authorized to repurchase up to an aggregate of US$1 billion in Class A and Class B common stock, but it will not buy back any ASX-listed CDIs under this plan. The timing and mix of repurchases will depend on market conditions and share prices, indicating a flexible capital management approach that may support earnings per share and shareholder returns over time.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$56.00 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 with operations spanning news, information services and related digital products. It issues both Class A and Class B common stock, some of which are represented by CHESS Depositary Interests on the ASX, and is also listed on Nasdaq, giving it access to international capital markets.
Average Trading Volume: 214,092
Technical Sentiment Signal: Hold
Current Market Cap: A$21.05B
See more data about NWS stock on TipRanks’ Stock Analysis page.