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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has shared an announcement.
News Corporation has announced the cancellation of 152,355 Class B common shares (ASX code NWSAB) following completion of a buy-back transaction, effective 9 January 2026. The reduction in issued capital marginally increases the ownership percentage of remaining shareholders and reflects the company’s ongoing capital management strategy, though the announcement provides no additional detail on the broader rationale or future plans for further buy-backs.
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 listed on the ASX under the code NWS, with operations spanning news publishing, digital media, and related content businesses serving consumers and advertisers worldwide.
Average Trading Volume: 146,842
Technical Sentiment Signal: Hold
Current Market Cap: A$23.21B
For an in-depth examination of NWS stock, go to TipRanks’ Overview page.