News Corp Announces US$1 Billion Share Repurchase Authorization

News Corp ( (NWSA) ) just unveiled an announcement.

News Corp has disclosed to the ASX that, under its existing stock repurchase program, it is authorized to buy back up to US$1 billion of its Nasdaq-listed Class A and Class B shares, with a total of 366,050,844 Class A securities currently on issue. The buy-back, notified on 8 April 2026 and anticipated to occur from 22 September 2021, is structured as an “other buy-back,” excludes ASX-listed CDIs, will be executed for cash in U.S. dollars with Goldman Sachs & Co. LLC involved, does not require shareholder approval, and is aimed at enhancing shareholder value while being subject to market and regulatory conditions.

The most recent analyst rating on (NWSA) stock is a Buy with a $26.00 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 driven primarily by improved fundamentals (stronger margins/ROE and better leverage) and a constructive earnings-call outlook emphasizing free-cash-flow growth and accelerating buybacks. These positives are tempered by weak technicals (price below key moving averages with negative MACD) and a relatively high P/E with a low dividend yield.

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

More about News Corp

News Corporation is a global media and information services company listed on Nasdaq and the Australian Securities Exchange, with its equity structured into Class A and Class B common stock. The company’s shares are also represented on ASX via CHESS Depositary Interests, although its current capital management actions exclude these ASX-listed CDIs.

Average Trading Volume: 4,462,451

Technical Sentiment Signal: Hold

Current Market Cap: $14.25B

Learn more about NWSA stock on TipRanks’ Stock Analysis page.