News Corporation Class A (NWSA) has been frequently in the news, particularly in regards to its stock repurchase program. The corporation repeatedly announced updates on its stock repurchase, with ongoing efforts reaching a total of $1 billion. Despite numerous proposals to end News Corp's dual-class share structure by Starboard Value LP and other investors, these initiatives were rejected, maintaining the current share structure. Furthermore, Rupert Murdoch reportedly stepped down as chairman of News Corp and Fox, which could potentially alter the governance dynamics of the company. Policies from the leading proxy advisory firms recommended for the elimination of News Corp’s dual-class share structure, yet this proposal failed to pass. Financial performance reports indicated robust growth in Q3 earnings. In related news, offerings from News Corp like Realtor.com and Dow Jones also saw significant developments. Activists investors have been reported showing an interest in influencing changes in the company.
News Corporation Class A NWSA News Analytics from Thu, 13 Jun 2013 07:00:00 GMT to Thu, 15 May 2025 21:13:08 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -6
