News Corporation Class A (NWSA) has made headlines with its recent stock activities and executive shakeups. The company has updated its stock repurchase programs, confirming an ongoing $1-billion share repurchase authorization while announcing multiple accelerated buybacks. Major investment groups like Aberdeen Group, Vontobel Holding, and Credit Industriel ET Commercial have increased their holdings in NWSA, which has contributed to the fluctuating share prices.
New leadership directions are also visible as Julian Delany takes on the role of Chief Technology Officer. The Murdoch family trust matter has been settled with Lachlan Murdoch taking control of Rupert Murdoch's media empire. Despite opposition by Starboard Value to end the dual-class structure, it was rejected by News Corp's shareholders while the stability and long-term outperformance of the dual-class structure were publically defended by the company.
The other significant development includes the expansion into the Californian media market, with the appointment of a new CFO and the acquisition of Dragonfly Intelligence and Oxford Analytica by its Dow Jones unit.
News Corporation Class A NWSA News Analytics from Thu, 06 Jun 2013 07:00:00 GMT to Fri, 17 Oct 2025 08:42:46 GMT - Rating 2 - Innovation -3 - Information 4 - Rumor -2
