News Corp Outlines Scope of US$1 Billion Share Repurchase Program

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

News Corporation has notified the ASX of a buyback under its 2025 Repurchase Program covering its Nasdaq-listed Class A and Class B common stock. The company has clarified that this program applies only to its U.S.-listed shares and that no ASX-listed CHESS Depositary Interests will be repurchased as part of these transactions.

Under the program, News Corporation is authorised to repurchase up to an aggregate of US$1 billion of its Class A and Class B common stock. The buybacks may occur from time to time in the open market or through other means, subject to market conditions and share price, potentially supporting capital management and shareholder returns while leaving the ASX CDI float 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 and publishing company whose shares trade on Nasdaq and as CHESS Depositary Interests on the ASX. The group operates across news, information, and related content businesses, with separate classes of common stock, including Class A and Class B shares, reflecting differing voting and ownership structures in public markets.

Average Trading Volume: 251,695

Technical Sentiment Signal: Hold

Current Market Cap: A$21.49B

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