News Corporation Class A (NWSA) continues to remain in the spotlight with several updates on its $1 billion stock repurchase program. Multiple firms including Flossbach Von Storch SE, Bank of New York Mellon Corp, and Wealth Enhancement Advisory Services LLC have adjusted their holdings in NWSA, accumulating significant positions. Meanwhile, significant sales of NWSA shares have been recorded from Allspring Global Investments Holdings LLC and Teacher Retirement System of Texas among others. Activist efforts led by Starboard to end News Corp.'s dual-class share structure, met with resistance and failed to pass. The company also experienced positive revenue growth primarily bolstered by gains at the Dow Jones and HarperCollins. In other news, NWSA declared the appointment of Julian Delany as their new Chief Technology Officer. The company's price target is identified at $39.20 by analysts. Furthermore, Achmea Investment Management B.V. declared a $1.43 million stock position in NWSA. Finally, News Corp. announces their third-quarter results for fiscal 2025 and a partnership with Tubi. NWSA also continues its stock repurchase program as a strategic approach to increase shareholder value.
News Corporation Class A NWSA News Analytics from Tue, 19 Jul 2011 07:00:00 GMT to Sat, 12 Jul 2025 19:44:49 GMT -
Rating 7
- Innovation 0
- Information 8
- Rumor -3
