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News Corp Highlights Ongoing $1 Billion Share Repurchase

Story Highlights
  • News Corp detailed a $1 billion repurchase program for its Nasdaq-listed Class A and B shares.
  • The buyback, executed via Goldman Sachs, targets capital returns and flexibility without needing shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp Highlights Ongoing $1 Billion Share Repurchase

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

News Corp has reaffirmed that under its existing stock repurchase program it is authorized to buy back up to $1 billion of its outstanding Class A and Class B common shares, and on Feb. 12, 2026 it filed a daily buy-back notification with the ASX covering its Nasdaq-listed Class A stock. The company’s 2025 Repurchase Program, authorized on July 15, 2025, allows purchases in the open market or otherwise, excludes ASX-listed CDIs, and is framed as a capital management move intended to enhance shareholder value while remaining sensitive to market conditions and regulatory constraints.

Under the notification, News Corp disclosed it has 369,105,463 Class A shares on issue and may repurchase a combination of Class A and Class B stock up to the $1 billion cap, with Goldman Sachs & Co. LLC engaged to execute transactions in U.S. dollars. The buyback does not require shareholder approval or impose foreign participation limits, underscoring the board’s discretion and signaling continued commitment to returning capital to investors, though actual repurchase levels will depend on share price, market dynamics and alternative uses of capital.

The most recent analyst rating on (NWSA) stock is a Buy with a $39.00 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 solid financial performance (improving margins and manageable, improving leverage) and a positive earnings outlook emphasizing stronger free cash flow and accelerated buybacks. These are tempered by very weak technical momentum (price below major moving averages with negative MACD) and a relatively high P/E with only a modest 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 with listings on Nasdaq and the Australian Securities Exchange. Its equity structure includes Class A and Class B common stock, as well as ASX-listed CHESS Depositary Interests, and it actively manages its capital structure through authorized share repurchase programs.

Average Trading Volume: 3,833,337

Technical Sentiment Signal: Sell

Current Market Cap: $13.77B

See more data about NWSA stock on TipRanks’ Stock Analysis page.

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