News Corporation has been spotlighted as they
announce a $1 billion stock buy-back program, continuing to push ahead with its repurchase initiative. Speculations arose regarding their next move, with Wall Street analysts making predictions on whether the stock will rise or fall. The NVDA recently experienced a major plunge.
Sing Tao News Corporation Limited's shares seemed to lag behind the industry, presenting a potential undervaluation for News Corp. News Corporation strode towards an all-time high with class B shares cessation and CDI adjustments in February 2025. Amid positive corporate news supporting stocks before tariff news,
News Corp persisted with their program while delivering robust growth in digital real estate. News Corp’s Q3 earnings, driven by Dow Jones and real estate listing units, outperformed many in the media stocks segment. The elimination of dual-class shares was proposed by Starboard prompting concerns over News Corp's underperformance in the communication service sector. However, News Corp's CEO is set to unravel the company's strategic vision. Amidst succession jitters, the company defeated a push to ditch super voting stock. Nevertheless, an activist campaign for ending the dual-class share structure was rejected. News Corporation shareholders were encouraged to reject the dual voting system, but Murdoch family managed to retain control after a vote. Finally, the company sold Foxtel to DAZN for $2.1bn while continuing with their repurchase program.
News Corporation Stocks News Analytics from Thu, 08 Aug 2024 07:00:00 GMT to Sat, 08 Mar 2025 00:35:33 GMT -
Rating 6
- Innovation 4
- Information 5
- Rumor 0
