News Corporation (NWSA) has launched a significant $1 billion stock repurchase program which continues aggressively. Wall Street analysts are mixed with regards to the corporation's stock performance, as some emphasise that News Corp has strong growth attributes while others question whether the company is outperforming the broader market. The corporation's earnings reports and Q2 2025 predictions have potentially positive implications for its stocks. A British sports streaming service, DAZN, has acquired Fox Sports Australia from News Corp for $2.1 billion. There have been notable disagreements within the corporation regarding its dual-class share structure. A number of shareholders, led by Starboard and Irenic Capital, have called for the elimination of this structure, arguing that it consolidates too much voting power with the Murdoch family. However, at a recent shareholder vote, a majority opted to retain the dual-class share structure.
News Corporation Stocks News Analytics from Thu, 08 Aug 2024 07:00:00 GMT to Fri, 21 Mar 2025 10:44:03 GMT -
Rating 8
- Innovation 2
- Information 7
- Rumor 4