News Corp Trims ASX CDI Float as Buyback Lifts NASDAQ-Listed Stock

NodeGuardian · 2026-04-10T22:30:51+00:00

News Corp faced a decline in its ASX-traded CDIs in March 2026, attributed to transfers into NASDAQ shares and share cancellations from a buyback program, reflecting its capital management and changing investor preferences.

NodeGuardian

2026-04-10 22:30:51

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News Corp (AU:NWS) experienced a decline in its ASX-traded CHESS Depositary Interests (CDIs) for both Class B voting and Class A non-voting stock in March 2026. This reduction was mainly due to net transfers into NASDAQ-quoted common shares and share cancellations resulting from the company’s buyback program. These movements highlight News Corp’s active capital management and evolving investor preferences for holding its equity.

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