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News Corp Progresses US$1bn Share Repurchase, Excludes ASX CDIs

Story Highlights
  • News Corp is executing a US$1 billion share repurchase of Nasdaq-listed Class A and B stock.
  • The buy-back will occur over time based on market conditions and excludes ASX-listed CDIs entirely.
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News Corp Progresses US$1bn Share Repurchase, Excludes ASX CDIs

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An announcement from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available.

News Corporation has notified the ASX of a daily buy-back activity under its previously authorised 2025 Repurchase Program, which allows the company to repurchase up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. The program, authorised on 15 July 2025, will see shares bought back from time to time on the open market or otherwise, subject to market conditions and share price, and explicitly excludes any repurchase of ASX-listed CDIs, signaling a capital management focus on its U.S.-listed equity while leaving its Australian depository interests unaffected.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$64.40 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 publishing, digital real estate services, book publishing and cable network programming. Its securities include Class A and Class B common stock listed on Nasdaq, with Chess Depository Interests trading on the ASX, giving investors exposure to its diversified portfolio of media and digital assets.

Average Trading Volume: 154,346

Technical Sentiment Signal: Hold

Current Market Cap: A$20.72B

For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.

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