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News Corp Trims ASX CDI Float as Buyback Lifts NASDAQ-Listed Stock

Story Highlights
  • News Corp’s ASX-traded CDIs for both Class B voting and Class A non-voting stock declined in March 2026, driven by net transfers into NASDAQ-quoted common shares.
  • Underlying Class B common stock not represented by CDIs increased alongside share cancellations under News Corp’s buyback, signaling active capital management and shifting investor holding preferences.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp Trims ASX CDI Float as Buyback Lifts NASDAQ-Listed Stock

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).

News Corporation has reported updated figures for its CHESS Depositary Interests on issue for March 2026, showing a decline in CDIs over both its Class B voting and Class A non-voting common stock. The number of NWS Class B CDIs fell to 41,565,396 and NWSLV Class A CDIs to 892,492, primarily due to net transfers between CDIs and common stock quoted on NASDAQ.

Correspondingly, the volume of underlying Class B common stock not represented by CDIs rose to 141,891,859 shares, reflecting movements between CDIs and common stock as well as share cancellations under the company’s buyback program. These shifts indicate ongoing capital management and investor preference for holding News Corp equity either directly on NASDAQ or via ASX-traded CDIs.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$44.00 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 publishing company with a primary listing on NASDAQ and CDIs quoted on the ASX under the code NWS. It operates through a portfolio of news, information, and related media assets, and uses CHESS Depositary Interests to facilitate trading of its U.S.-listed common stock in the Australian market.

Average Trading Volume: 252,315

Technical Sentiment Signal: Hold

Current Market Cap: A$20.98B

For an in-depth examination of NWS stock, go to TipRanks’ Overview page.

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