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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 buy-back relating to its Nasdaq-listed Class A and Class B common stock, under a repurchase program authorized as of 15 July 2025 for up to US$1 billion in aggregate. The program applies only to U.S.-listed stock, with the company explicitly stating that no ASX-listed CHESS Depository Interests will be repurchased under this initiative.
The company currently has 141,305,385 securities on issue in the relevant class and plans to execute the repurchases in the open market or otherwise, subject to market conditions, stock price and other factors. This capital management move is likely aimed at optimizing the company’s balance sheet and shareholder returns, while leaving the structure and liquidity of its ASX-listed CDIs unchanged.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$50.00 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 company listed on ASX and Nasdaq, with its capital structure including Class A and Class B common stock and corresponding CHESS Depository Interests on ASX. The firm operates in the broader media and publishing industry, and its shares are traded across multiple markets, including the Nasdaq where its primary common stock is listed.
Average Trading Volume: 263,638
Technical Sentiment Signal: Hold
Current Market Cap: A$20.59B
For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.