News Corporation continues to drive its stock repurchase scheme forward with news of an additional $1 billion repurchase program emerging. This move has been interpreted positively by the investment community, from organisations like Universal Beteiligungs und Servicegesellschaft mbH and Rhumbline Advisers, to Savant Capital LLC and Vanguard Group Inc. acquiring shares worth into millions. This trend implies confidence among the stockholders in the robust financial performance of the company. Swiss National Bank and Long Corridor Asset Management Ltd are among other institutes showing increased stake in News Corp stocks. Furthermore, Wall Street analysts seem to also be bullish on the shares with some suggesting that the stock may benefit from automation despite other analysts arguing against this. News Corp. reports on earnings have been consistently positive and have beaten Wall Street expectations. This then suggests that the company is stable and continues to grow. The News Corp. stock has even outperformed the S&P 500 and its competitors on several trading days.
News Corporation Stocks News Analytics from Thu, 24 Apr 2025 07:00:00 GMT to Sat, 29 Nov 2025 10:44:44 GMT -
Rating 8
- Innovation -2
- Rumor -4
