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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an update.
News Corporation has provided an update on its share repurchase activity, confirming that it is conducting an “other” type of buy-back that targets its Nasdaq-listed Class A and Class B common stock, but explicitly excludes any repurchase of ASX-listed CDIs. The company is operating under two authorised repurchase programs totaling up to US$2 billion—US$1 billion approved in 2021 and a further US$1 billion authorised in July 2025—and, subject to market conditions and share price levels, intends to acquire its common stock from time to time in the open market or otherwise, potentially enhancing capital management flexibility and shareholder returns without affecting the CDI float on the ASX.
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 its Class A common stock listed on Nasdaq and Chess Depositary Interests trading on the ASX under code NWS. The group operates across news and information publishing, digital real estate, subscription video services and book publishing, giving it a diversified footprint in traditional and digital media markets worldwide.
Average Trading Volume: 159,890
Technical Sentiment Signal: Hold
Current Market Cap: A$22.92B
Find detailed analytics on NWS stock on TipRanks’ Stock Analysis page.