The investment activities surrounding News Corporation Class A (NWSA) have seen a mixture of transactions, including the sale of significant shares by Allianz Asset Management and reductions in holdings by several entities like Allspring Global Investments and TD Asset Management. However, there's also been an increase in holdings from entities like Cwm LLC and West Tower Group. The company has repeatedly announced and implemented updates on its significant $1 billion stock repurchase program, pursuing an aggressive buyback policy.
News Corp has also resolved the Murdoch Family Trust matter, with Lachlan Murdoch maintaining control of the company. This was accompanied by the resolution of a succession dispute, confirming Lachlan Murdoch's control over the media empire. News Corporation had a secondary offering of Class B common stock priced at $32.45/share.
Amid these actions, the company's innovative moves are noticeable, including installing Julian Delany as the new Chief Technology Officer, planning for a major West Coast Expansion in 2026, and launching a new media venture targeting a significant reader base in the California media market. News Corp's stock faced a slight downturn in recent times, with MACQUARIE downgrading the rating to neutral based on fair valuation.
News Corporation Class A NWSA News Analytics from Thu, 06 Jun 2013 07:00:00 GMT to Thu, 23 Oct 2025 10:05:00 GMT - Rating 3 - Innovation 5 - Information 5 - Rumor 1
