News Corporation has been fervently updating its ongoing $1 billion stock repurchase program, a move which has caught the attention of Wall Street analysts who are predicting various potential outcomes for the stock's trajectory. In other developments, News Corp has made changes in stock ownership and increased CDIs, a key rating upgrade has also been noted. The corporation has been added to the Russell 1000 Defensive Index and continues to show improved relative strength. Driven by the company's digital transformation, it has made significant strides, as evidenced by digital revenue doubling. CEO extension has been announced till 2030. Diverse predictions exist about future stock performances from underperforming the market to becoming a 'stock to watch'. There've been changes in high executive positions such as the chief technology officer. The Murdoch family retains majority control of the corporation despite a shareholder pushback to end dual-class share structure and an activist bid. The company recently saw a defeat in a shareholder push to ditch super voting stock amidst succession jitters. Upcoming expectations for Q2 2025 earnings announcement are being formulated as quarterly estimates on Dow Jones, and digital real estate services segments growth have beat earlier predictions.
News Corporation Stocks News Analytics from Fri, 06 Sep 2024 07:00:00 GMT to Fri, 04 Jul 2025 01:19:58 GMT - Rating 7 - Innovation -5 - Rumor 5
