tiprankstipranks
Advertisement
Advertisement

News Corp Announces US$1 Billion Share Buyback Program

Story Highlights
  • News Corp detailed an authorized US$1 billion share repurchase of Nasdaq‑listed Class A and B stock.
  • The ASX filing shows a flexible, cash-funded buy-back aimed at enhancing shareholder value and capital returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp Announces US$1 Billion Share Buyback Program

Meet Samuel – Your Personal Investing Prophet

An announcement from News Corp ( (NWSA) ) is now available.

News Corporation has disclosed to the Australian Securities Exchange that, under an existing authorization, it may repurchase up to an aggregate of US$1 billion of its Nasdaq‑listed Class A and Class B common stock through a repurchase program approved as of July 15, 2025. The program, notified in a daily buy‑back filing dated May 21, 2026, allows purchases in the open market or otherwise, excludes ASX‑listed CDIs, and is intended to enhance shareholder value without requiring additional shareholder approval.

Under the Appendix 3C filing, News Corp classified the initiative as an “other buy‑back,” covering a class with 363,415,494 securities on issue and to be executed for cash consideration in U.S. dollars, potentially using Goldman Sachs & Co. LLC as broker. The buy‑back, which has no foreign participation restrictions or additional conditions, forms part of a broader repurchase framework that previously anticipated buy‑back activity from September 22, 2021, and underscores the company’s continued focus on capital management and returns to investors.

The most recent analyst rating on (NWSA) stock is a Buy with a $38.00 price target. To see the full list of analyst forecasts on News Corp stock, see the NWSA Stock Forecast page.

Spark’s Take on NWSA Stock

According to Spark, TipRanks’ AI Analyst, NWSA is a Neutral.

The score is supported by a constructive earnings outlook and strong segment momentum (especially Dow Jones and Digital Real Estate) plus improving leverage, but is held back by a high P/E/low yield and mixed recent profitability and cash-conversion trends. Technical signals are broadly neutral and do not materially change the view.

To see Spark’s full report on NWSA stock, click here.

More about News Corp

News Corporation is a global media and publishing company whose primary businesses span news, information services and digital real estate. Its securities include Nasdaq‑listed Class A and Class B common stock, and it maintains a secondary listing on the Australian Securities Exchange under the code NWS, giving it a broad international shareholder base.

Average Trading Volume: 4,399,424

Technical Sentiment Signal: Buy

Current Market Cap: $14.83B

See more insights into NWSA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1