News Corporation Class A NWSA has been significantly active in financial manoeuvres and share restructuring recently. Major takeaways include the acquisition of 199,999 NWSA shares by
Alberta Investment Management Corp and additional investments by several other companies, such as
Mackenzie Financial Corp and
Vestcor Inc. Meanwhile, corporations like
TD Asset Management Inc and
Pinnacle Associates Ltd sold their NWSA shares. NWSA announced a considerable extension of its stock repurchase program by $1 Billion, reaffirming a $1Bn share buyback in its ASX reports. A three-way tussle sees investment firm
Starboard, in disagreement with
News Corp's dual-class structure, aiming to abolish it - an attempt that fell through, attracting further attention from other firms to join the battle to change voting structure. On the tech front,
Julian Delany steps up as new Chief Technology Officer, and subsidiary
Dow Jones ups its game with an AI-Powered French Translation Service, all whilst NWSA's stock outperforms market on strong trading days.
News Corporation Class A NWSA News Analytics from Fri, 28 Jun 2013 07:00:00 GMT to Sat, 02 Aug 2025 14:03:48 GMT -
Rating 6
- Innovation 0
- Information 6
- Rumor -3
