News Corporation has made multiple updates regarding its ongoing
$1 billion stock repurchase program, thereby signalling a strong commitment towards returning capital to shareholders. The repurchase program is primarily focused on
Nasdaq-listed stock. The buy-back program is steadily progressing, and numerous instances of share cancellation under the scheme have been announced, indicating active execution. A secondary offering of
Class B common stock was also announced. The corporation made filings with the SEC and detailed the repurchase program in its quarterly earnings report. Despite some analyst concerns about the stock underperforming against market indices like the Dow, Nasdaq, and S&P 500, News Corporation has recorded higher revenue growth supported by strengths in
digital real estate services units and
Dow Jones. The organization also resolved important matters such as the
Murdoch Family Trust issue, which sets the stage for potential merger and acquisition activity. The company is further poised for a potential breakout according to some ratings upgrades. Therefore, while the broader market sentiment remains mixed, the underlying fundamentals of News Corp appear to be improving.
News Corporation Stocks News Analytics from Thu, 24 Apr 2025 07:00:00 GMT to Sat, 10 Jan 2026 21:59:23 GMT -
Rating 4
- Innovation -1
- Information 6
- Rumor -6
