News Corp shifts equity mix as CDI numbers decline on ASX

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

News Corporation has reported a decline in the number of CHESS Depositary Interests on issue over its Class B voting and Class A non-voting common stock for February 2026, reflecting net transfers between CDIs on the ASX and the underlying common stock quoted on Nasdaq. Over the month, CDI counts for both share classes fell while the volume of underlying Class B common stock not represented by CDIs increased, indicating a shift in how investors hold the company’s equity between the Australian and U.S. markets and modest share cancellations under its buyback program.

The movement saw Class B CDIs drop by more than 840,000 and Class A non-voting CDIs fall by over 19,000, while the pool of unrepresented Class B common stock rose by about 609,000 shares. These changes suggest ongoing portfolio rebalancing and cross-border conversions by shareholders, as well as the incremental impact of the company’s share repurchase activity on its overall capital structure and the liquidity profile of its ASX-listed interests.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$53.00 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, digital media, and related content businesses. Its shares trade in multiple markets, including the ASX via CHESS Depositary Interests that represent underlying common stock quoted and held primarily on Nasdaq.

Average Trading Volume: 183,003

Technical Sentiment Signal: Hold

Current Market Cap: A$19.64B

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