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News Corp reports daily progress on US$1 billion share buyback

Story Highlights
  • News Corp outlined its diversified media footprint with Nasdaq shares and ASX CDIs.
  • The 2025 repurchase program allows up to US$1 billion in Class A and B buybacks, excluding CDIs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp reports daily progress on US$1 billion share buyback

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

The company disclosed a daily update under its 2025 repurchase program, which authorizes up to US$1 billion in combined Class A and Class B share buybacks executed in the open market or otherwise, while excluding ASX-listed CDIs. With 142.3 million Class B shares on issue, the planned buybacks aim to manage capital allocation flexibility and could influence earnings per share and shareholder returns depending on execution pace, market conditions, and pricing.

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 operates as a diversified global media company spanning news, information, publishing, and digital real-estate assets, with its Class A and Class B shares trading on Nasdaq while Chess Depository Interests are listed on ASX.

Average Trading Volume: 127,793

Technical Sentiment Signal: Hold

Current Market Cap: A$22.85B

See more data about NWS stock on TipRanks’ Stock Analysis page.

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