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The latest update is out from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ).
News Corporation has provided a daily update to the ASX on its ongoing share repurchase programs covering its Nasdaq-listed Class A and Class B common stock. Under a previously authorised 2021 repurchase program of up to US$1 billion, and an additional US$1 billion authorised under a 2025 repurchase program as of 15 July 2025, the company may buy back up to US$2 billion of stock in total, subject to market conditions, share price and other factors, but will not repurchase any ASX-listed CDIs under these programs. The latest notification relates specifically to its Class B common stock, of which 142,731,173 shares are on issue, and signals continued capital management focused on returning value to shareholders and potentially enhancing earnings per share by reducing the free float of Nasdaq-listed shares.
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 whose securities trade on the ASX under the code NWS, with separate Class A and Class B common stock listed on Nasdaq. The company operates across news, publishing and related media assets, and also has CHESS Depository Interests (CDIs) quoted on the ASX, although these CDIs are excluded from its current U.S.-listed stock repurchase plans.
Average Trading Volume: 180,341
Technical Sentiment Signal: Hold
Current Market Cap: A$22.96B
Learn more about NWS stock on TipRanks’ Stock Analysis page.