News Corp has reported its daily activity under its 2025 Repurchase Program, which authorizes the company to buy back up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. The company confirmed that this buy-back program exclusively targets U.S.-listed shares, leaving ASX-listed CHESS Depositary Interests (CDIs) untouched. An analyst currently rates News Corporation (AU:NWS) stock as a Hold with a price target of A$42.00.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
News Corp details daily activity under US$1bn U.S. share buy-back program
News Corp has reported its daily activity under its 2025 Repurchase Program, which authorizes the company to buy back up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. The company confirmed that this buy-back program exclusively targets U.S.-listed shares, leaving ASX-listed CHESS Depositary Interests (CDIs) untouched. An analyst currently rates News Corporation (AU:NWS) stock as a Hold with a price target of A$42.00.