News Corp Outlines US$2 Billion Share Repurchase Program Focused on Nasdaq-Listed Stock

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

News Corporation has detailed the ongoing execution of its previously authorised share repurchase initiatives, covering both its Nasdaq-listed Class A and Class B common stock. Under its 2021 Repurchase Program and the expanded 2025 Repurchase Program, the company is authorised to buy back up to US$2 billion in aggregate of these U.S.-listed shares, but has confirmed that no ASX-listed CHESS Depositary Interests will be repurchased under these programs. The move underscores the company’s continued focus on capital management and shareholder returns by reducing its U.S.-listed share count, while leaving the structure of its ASX-listed CDIs unchanged, a point of particular relevance for Australian investors tracking relative liquidity and exposure between the two markets.

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, with operations spanning news and information publishing, digital real estate services, book publishing and subscription video services. Its shares trade in multiple markets, including Nasdaq and the ASX, with separate Class A and Class B common stock structures and corresponding CHESS Depositary Interests (CDIs) for Australian investors.

Average Trading Volume: 175,984

Technical Sentiment Signal: Hold

Current Market Cap: A$23.21B

Learn more about NWS stock on TipRanks’ Stock Analysis page.