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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an announcement.
News Corporation has updated the market on its previously authorised 2025 share repurchase program covering its Nasdaq-listed Class A and Class B common stock, while confirming that no ASX-listed CHESS Depositary Interests will be bought back under this initiative. The company is permitted to repurchase up to US$1 billion of stock in aggregate, and intends to execute the buy-backs in the open market or otherwise over time, providing additional capital management flexibility and potential support for earnings per share and shareholder returns without altering the CDI float in Australia.
The most recent analyst rating on (AU:NWS) stock is a Buy with a A$50.00 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 listed in Australia under the code NWS and on Nasdaq, with separate classes of common stock, including Class B shares represented by CHESS Depositary Interests on the ASX. The group operates across news, publishing and related media businesses, using capital management tools such as share repurchase programs to manage its listed equity structure.
Average Trading Volume: 263,638
Technical Sentiment Signal: Hold
Current Market Cap: A$20.59B
See more data about NWS stock on TipRanks’ Stock Analysis page.