News Corp refines US$1bn 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 updated the market on its previously announced 2025 Repurchase Program, under which it is authorised to buy back up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. The program focuses on open-market or other repurchases of U.S.-listed shares and explicitly excludes any buy-back of ASX-listed CHESS Depositary Interests, signalling a targeted approach to capital management and potential share count reduction for U.S. holders.

The company’s latest filing clarifies that the buy-back relates to its common stock, including the Class B shares represented by ASX code NWSAB, and confirms the total number of securities currently on issue in that class. By refining details of the program and providing a daily buy-back notification, News Corp reinforces its ongoing commitment to returning capital to shareholders while retaining flexibility to adjust the pace and mix of Class A and Class B repurchases in response to market conditions.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$56.00 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 whose assets span news, publishing and digital real estate, with its shares listed on Nasdaq and as CHESS Depositary Interests on the ASX. The company issues both Class A and Class B common stock, reflecting different voting rights structures tailored to international capital markets.

Average Trading Volume: 205,527

Technical Sentiment Signal: Hold

Current Market Cap: A$21.78B

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