News Corp Expands US$2 Billion Share Buy-Back Focused on Nasdaq-Listed Stock

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

News Corporation has announced a daily update to its share repurchase activity under previously authorised programs covering its Nasdaq-listed Class A and Class B common stock. The company is operating under a US$1 billion repurchase program approved in 2021 and an additional US$1 billion program authorised in July 2025, allowing it to buy back a combination of Class A and Class B shares in the open market or otherwise, subject to market conditions and share price, while explicitly excluding ASX-listed CDIs from these buy-backs. With 142,731,173 Class B shares on issue in the relevant ASX-notified class, the expanded repurchase capacity signals an ongoing capital management strategy that may support earnings per share and capital structure optimisation, with implications for shareholders in the Nasdaq-listed stock but no direct buy-back impact on holders of ASX CDIs.

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 operating across news and information, digital real estate, book publishing, and subscription video services. Its primary products include newspapers, digital news platforms, and related media content, with equity securities listed on Nasdaq and Chess Depositary Interests (CDIs) traded on the ASX, though the current capital management activity targets only its Nasdaq-listed common stock.

Average Trading Volume: 179,094

Technical Sentiment Signal: Hold

Current Market Cap: A$23.01B

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