Investor advisory firm
ISS encourages
News Corp investors to support a proposal to end its dual-class voting structure.
News Corp recently announced updates related to their stock repurchase scheme while showing varying performances in comparison with competitors. Many stakeholders such as
Forsta AP Fonden,
Assenagon Asset Management S.A,
Arlington Partners LLC,
Metropolis Capital Ltd and
Vontobel Holding Ltd have increased their positions in News Corp.
News Corp subsidiary seems to be eyeing an acquisition of
Rightmove. The company continues with its share buyback, as informed to ASX.
Starboard submits a proposal to the company for ending its dual-class stock structure. Despite a 24% decline in Q3 profit, the company beats estimates. Activists are gearing up to seek changes after building their stake in the company. The mogul
Rupert Murdoch handed over Fox and News Corp's reins to his son, Lachlan. The move was followed by a major strategic decision; News Corp acquiring a majority stake in
DIAKRIT, a global digital real estate marketing business, and real estate tech platform
Opcity for $210 mn.
News Corporation Class A NWSA News Analytics from Fri, 01 Feb 2013 08:00:00 GMT to Fri, 01 Nov 2024 22:14:00 GMT -
Rating 4
- Innovation 3
- Information 5
- Rumor 2
