News Corp Details US$1 Billion Share Buy-Back Targeting Nasdaq-Listed Stock

News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an update.

News Corporation has reported a daily update under its 2025 Repurchase Program, which authorizes the buy-back of up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. The notification confirms that 367,798,623 Class A securities are on issue and clarifies that no ASX-listed CDIs will be repurchased under this program.

The buy-back, structured as an “other” type of repurchase due to the company’s non-Australian domicile, will be executed from time to time in the open market or otherwise, subject to market conditions and the company’s stock price. This capital management initiative is designed to reduce the number of U.S.-listed shares outstanding, potentially enhancing earnings per share and signalling confidence to shareholders in its core markets.

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 operates as a global media and information services company, with its primary stock listings on Nasdaq and Chess Depositary Interests on the ASX. The company issues Class A and Class B common stock and actively manages its capital structure through share repurchase programs targeting its U.S.-listed shares.

Average Trading Volume: 209,714

Technical Sentiment Signal: Hold

Current Market Cap: A$19.58B

For an in-depth examination of NWS stock, go to TipRanks’ Overview page.