News Corporation (NWSA) has been actively moving in the stock market, with ongoing updates on its stock repurchase program, which amounts to a $1 billion buyback. However, multiple attempts such as from Starboard Value to change News Corps dual-class structure have failed, as shareholders have rejected proposals for a single share class. Despite these challenges, an increase of 33.55% in News Corp. stocks is speculated by Wall Street analysts, and the company has received an upgraded stock rating from various sources including Seaport Res Ptn and StockNews.com. Further, various institutional firms have acquired or increased their positions in the company, which also recently sold its Foxtel business to DAZN in a massive A$3.4 billion deal. While the deal simplified News Corp's structure, this hasn't halted investor push for structural changes. Moreover, News Corporation has recently extended its risk compliance services by increasing its Ripjar stake and acquiring WorldECR and A2i Systems.
News Corporation Class A NWSA News Analytics from Thu, 13 Jun 2013 07:00:00 GMT to Sat, 01 Feb 2025 11:26:15 GMT -
Rating 5
- Innovation 0
- Information 8
- Rumor -3
