tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

News Corp Launches $1 Billion Stock Buyback Program

Story Highlights
News Corp Launches $1 Billion Stock Buyback Program

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

News Corporation has announced its stock repurchase programs, which authorize the company to buy back up to $1 billion of its Class A and Class B common stock. This initiative is part of their strategy to enhance shareholder value and is subject to market conditions and stock prices. The company has been providing daily disclosures to the Australian Securities Exchange regarding these transactions. The 2021 Repurchase Program was authorized on September 21, 2021, and an additional $1 billion was authorized for the 2025 Repurchase Program as of July 15, 2025.

The most recent analyst rating on (NWSA) stock is a Hold with a $31.00 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.

News Corp’s overall stock score is driven by strong earnings call results and strategic initiatives like the stock repurchase program, which indicate confidence in future growth. However, mixed financial performance and technical indicators suggest caution. The high P/E ratio also points to potential overvaluation.

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

More about News Corp

Average Trading Volume: 3,231,339

Technical Sentiment Signal: Buy

Current Market Cap: $17.28B

For a thorough assessment of NWSA stock, go to 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