News Corporation Class A (NWSA) has made several announcements, including an
update on their stock repurchase program, potentially shifting NWSA's capital allocation narrative. Their plan involves an expanded US$1 billion buyback, which could have significant implications for shareholders. There have been mixed responses to these developments, with some rating the stock higher, while others suggest alternative investment options. Notable is the growth observed in the Dow Jones and digital real estate services units, which helped NWSA to surpass quarterly revenue estimates.
There is an ongoing $1 billion stock repurchase authorization, alongside the announcement of an additional $1 billion stock repurchase program. Furthermore, NWSA has offered a secondary offering of Class B common stock. Despite this, NWSA's stock price target has been lowered by Guggenheim due to earnings reports. It has been revealed that Lachlan Murdoch will control the media empire following a settlement. There have been proposed changes to NWSA's dual-class structure, but investors have rejected the proposal. Lastly, there are calls to explore value-maximizing alternatives.
News Corporation Class A NWSA News Analytics from Fri, 01 Feb 2013 08:00:00 GMT to Fri, 09 Jan 2026 11:03:00 GMT -
Rating 4
- Innovation 0
- Information 6
- Rumor -2
