News Corporation has been a subject of multiple financial transactions as witnessed by the multiple investments with
Pallas Capital Advisors, Krilogy Financial, Sivia Capital Partners, Cooper Investors PTY Ltd, Goldman Sachs Group, Caxton Associates, Great Lakes Advisors, and STRS Ohio buying shares, raising stake, or initiating new investments in the company. The corporation has announced a
$1 Billion Stock Buy-Back Program multiple times, indicating a strategic move to boost its market position by reducing the number of shares available in the open market. There are about
14.07 million Class B Common Stock priced at $32.45/share as secondary offering. Additionally,
News Corp achieved a new 52-Week high, raising queries on when would be the best time to purchase the stocks. Legal dispute within the
Murdoch family, owners of News Corp has been resolved with
Lachlan Murdoch emerging as the sole heir to the family's media empire. Conversely, some players like
Swedbank AB and
Alliancebernstein L.P. reduced their holdings, possibly aligning their portfolios due to the changes in the company. Meanwhile,
News Corporation's stock performance has been compared to other communication service stocks, with varying perspectives on whether it's underperforming or not.
News Corporation Stocks News Analytics from Fri, 24 Jan 2025 08:00:00 GMT to Sun, 21 Sep 2025 00:38:22 GMT -
Rating 7
- Innovation 5
- Information 5
- Rumor -4
