News Corp Updates US$1 Billion U.S. Share Repurchase Program, Excludes ASX CDIs

News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an announcement.

News Corporation has updated its previously announced 2025 Repurchase Program covering its Nasdaq-listed Class A and Class B common stock, confirming that it may buy back shares up to an aggregate value of US$1 billion. The company clarified that repurchases will be executed from time to time in the open market or otherwise, subject to market conditions and share price, and that no ASX-listed CHESS Depositary Interests will be acquired under this program, signaling a targeted approach to capital returns for holders of U.S.-listed equity.

The buyback framework leaves flexibility on timing and mix between Class A and Class B shares, allowing News Corporation to adjust its capital allocation in response to trading conditions and valuation. By excluding ASX-listed CDIs from the program, the company is concentrating its repurchase activity on its primary U.S. listings, which may affect liquidity and ownership dynamics differently across its various trading lines.

The most recent analyst rating on (AU:NWS) stock is a Hold with a A$42.00 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 whose securities trade on Nasdaq and as CHESS Depositary Interests on the ASX. The company has dual-class common stock, including Class A and Class B shares, which underpin its capital structure and provide flexibility in capital management.

Average Trading Volume: 228,613

Technical Sentiment Signal: Hold

Current Market Cap: A$19.65B

For detailed information about NWS stock, go to TipRanks’ Stock Analysis page.