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News Corp Details US$1 Billion Share Repurchase Program, Excludes ASX CDIs

Story Highlights
  • News Corporation will repurchase up to US$1 billion of Nasdaq-listed Class A and B shares.
  • The 2025 buy-back program is market-dependent and excludes all ASX-listed CHESS Depositary Interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp Details US$1 Billion Share Repurchase Program, Excludes ASX CDIs

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

News Corporation has notified the ASX of a daily buy-back under its 2025 Repurchase Program, authorising the repurchase of up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. The company, which has more than 366 million Class A shares on issue, plans to execute the buy-backs in the open market or otherwise, subject to market conditions and stock price, while explicitly excluding ASX-listed CHESS Depositary Interests from the program.

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 with listings on Nasdaq and ASX, issuing both Class A and Class B common stock. Its business spans news, publishing and related digital assets, giving it a broad footprint across international media markets.

Average Trading Volume: 245,097

Technical Sentiment Signal: Hold

Current Market Cap: A$20.6B

See more data about NWS stock on TipRanks’ Stock Analysis page.

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