Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an announcement.
News Corporation has updated the market on its previously announced share repurchase initiative, confirming details of a 2025 Repurchase Program covering its Nasdaq-listed Class A and Class B common stock. The program authorizes buy-backs of up to an aggregate of US$1 billion, with no minimum purchase amount specified.
The company plans to execute the buy-backs from time to time in the open market or through other means, depending on market conditions, share price and other factors. News Corp has clarified that no ASX-listed CDIs will be repurchased under this program, concentrating capital management benefits on its Nasdaq-listed equity and signaling a focus on U.S.-traded securities for this round of shareholder returns.
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 that issues Class A and Class B common stock, including Chess Depository Interests on the ASX. Its shares are also listed on Nasdaq, giving the company access to both U.S. and Australian capital markets and a broad international investor base.
Average Trading Volume: 241,399
Technical Sentiment Signal: Hold
Current Market Cap: A$20.48B
Learn more about NWS stock on TipRanks’ Stock Analysis page.