News Corp Updates US$1 Billion Share Buy-Back, Excludes ASX CDIs

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

News Corporation has updated its previously announced 2025 Repurchase Program covering its Nasdaq-listed Class A and Class B common stock. The company has confirmed that up to an aggregate of US$1 billion of these shares may be repurchased over time, depending on market conditions, stock price, and other factors, while explicitly excluding any repurchase of ASX-listed CDIs under this program.

The buy-back authorization, which applies to a class with more than 141 million shares on issue, is designed to be executed in the open market or otherwise in the U.S. as conditions permit. This capital management move may support earnings per share and shareholder returns for holders of the U.S.-listed stock, but leaves the structure of the ASX-traded CDIs unchanged, potentially creating different dynamics for investors across the two listing venues.

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 information services company with a primary listing on Nasdaq and Chess Depository Interests traded on ASX. It issues Class A and Class B common stock, with the ASX-listed instruments representing interests in these underlying U.S.-listed shares. The firm operates across news, publishing, and related content businesses in multiple markets.

Average Trading Volume: 241,399

Technical Sentiment Signal: Hold

Current Market Cap: A$20.48B

For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.