News Corp details US$2bn Nasdaq share buy-back, excludes ASX CDIs

Claim 70% Off TipRanks This Holiday SeasonUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialAn announcement from News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) is now available. News Corporation has disclosed details of an ongoing share repurchase program covering its Nasdaq‑listed Class A and Class B common stock, under which the board previously authorised up to US$1 billion of buy-backs in 2021 and added a further US$1 billion authorisation in July 2025. The company, which had 371,106,271 Class A shares on issue at the time of the notice, plans to execute these buy-backs from time to time in the open market or otherwise, subject to market conditions and other factors, but confirmed that no ASX‑listed CDIs will be repurchased under these programs, a decision that concentrates capital management benefits on holders of U.S.-listed shares rather than Australian CDI investors. 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 primary operations span news and information services, book publishing, digital real estate services and subscription video services. Its shares are listed on multiple exchanges, including Nasdaq, and it has both Class A and Class B common stock, as well as CHESS Depositary Interests (CDIs) quoted on the ASX. Average Trading Volume: 180,341 Technical Sentiment Signal: Hold Current Market Cap: A$22.96B See more insights into NWS stock on TipRanks’ Stock Analysis page.