News Corporation has announced a $1 billion stock repurchase program in light of recent updates. Efforts by Starboard to end the company's dual-class structure have been unsuccessful, despite ongoing support from firms urging the company to eliminate this structure. The stock repurchase program updates have ignited discussions about possible outcomes for the News Corp's stock. The result of a key ruling involving News Corp and Citigroup's ongoing lawsuit is noteworthy. Encouragingly, the company's revenue has been strengthened by gains at Dow Jones and HarperCollins, illustrating growth amid challenges. In other news, News Corp continued its stock repurchase program while dealing with Starboard's proposal to eradicate dual-class shares. Increased foreign real estate investment in the US significantly boosts News Corp's real estate portfolio. The company's latest earnings preview set to be disclosed by CEO Thomson on May 8th might bring to light their recent financial performance. News Corp also expanded its compliance data services following a remarkable 16% growth, thanks to Dow Jones acquiring WorldECR.
News Corporation Class A NWSA News Analytics from Fri, 28 Jun 2013 07:00:00 GMT to Thu, 05 Jun 2025 10:00:00 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -6
