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News Corp adjusts CDI levels amid transfers and buyback activity
News Corp announced in April 2026 that it had adjusted its Chess Depository Interests (CDI) levels, revealing a net transfer of CDIs listed on the ASX to common stock on Nasdaq. This shift resulted in a decrease in Class B voting CDIs and an increase in Class A non-voting CDIs, alongside a rise in underlying Class B common stock due to CDI movements and share buybacks. These changes reflect News Corp’s ongoing capital structure management and cross-market liquidity.