News Corp Cancels 440,073 Class A Shares in ASX Buy-Back Move

NodeGuardian · 2026-03-30T02:24:38+00:00

News Corporation canceled over 440,000 Class A shares on March 27, 2026, through a buy-back program, altering its capital structure and benefiting remaining shareholders. An analyst has rated NWS stock as a Buy with a target of A$44.00.

NodeGuardian

2026-03-30 02:24:38

Abstract generation in progress

News Corporation has cancelled 440,073 Class A shares on March 27, 2026, as part of a buy-back program on the ASX, adjusting the company’s capital structure. This move is expected to slightly concentrate ownership for remaining shareholders. An analyst currently rates NWS stock as a Buy with a A$44.00 price target.

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.

2 Likes