News Corporation, parent of various media enterprises, is undergoing significant transformations. There's been an increase in share purchases by several stakeholders, such as
KLP Kapitalforvaltning AS,
111 Capital, and
Metropolis Capital Ltd.
News Corporation has remained proactive, continually updating its stock repurchase program, expanding it by $1 billion, hinting towards strong financial health. Goldman Sachs Group Inc. has raised its stock holdings in the company, and it has received a consensus 'Buy' rating from analysts. Concurrently, the corporation announced the pricing of a secondary offering of Class B Common Stock. Distinctively, News Corp confirmed ongoing billion-dollar share repurchase authorization, a move hailed by the market. Situational tension arose in the Murdoch family, reported to settle the succession with
Lachlan Murdoch at the helm, further stabilizing control over the corporation. However, News Corp found itself downgraded to 'Neutral' by
Macquarie, citing fair valuation. Activist bids to end the dual-class share structure were rebuffed, with News Corp defending its status quo for stability and long-term outperformance. Efforts are also being made for geographical expansion, with the NY Post probing the California media market.
News Corporation Class A NWSA News Analytics from Fri, 28 Jun 2013 07:00:00 GMT to Fri, 10 Oct 2025 12:53:47 GMT -
Rating 4
- Innovation 2
- Information 6
- Rumor 2
