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News Corp Launches Daily Buyback to Boost Shareholder Value

Story Highlights
  • News Corp detailed a $1 billion repurchase program targeting its Nasdaq-listed Class A and B shares to enhance shareholder value and manage capital.
  • The ASX filing outlines an other buy-back structure, excludes ASX CDIs, uses Goldman Sachs as broker, and signals potential capital structure impacts subject to market conditions and regulations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp Launches Daily Buyback to Boost Shareholder Value

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News Corp ( (NWSA) ) has issued an update.

News Corp has disclosed to the Australian Securities Exchange that it is conducting a daily notified buy-back under a broader repurchase program authorizing up to $1 billion of its Nasdaq-listed Class A and Class B common stock. As of the Feb. 20, 2026 announcement, the company outlined that no ASX-listed CHESS Depositary Interests will be repurchased, Goldman Sachs & Co. will act as broker, the buybacks will be paid in U.S. dollars, and the stated objective of the program is to enhance shareholder value without requiring additional security holder approval.

The notification, filed as an “other buy-back” under ASX rules, covers a class with 368.6 million shares on issue and allows News Corp to repurchase stock in the open market or otherwise, subject to market conditions and regulatory constraints. The filing reiterates that the scale of repurchases, which stem from a program authorized on July 15, 2025 and with an anticipated operational date of Sept. 22, 2021, could materially affect the company’s capital structure and is part of News Corp’s ongoing use of buybacks as a capital allocation tool, while cautioning that outcomes depend on stock price movements, general market conditions and legal requirements.

The most recent analyst rating on (NWSA) stock is a Hold with a $25.00 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 and improved leverage) and a constructive earnings-call outlook emphasizing free-cash-flow growth and accelerated buybacks. These positives are tempered by weak technicals (below key moving averages with negative momentum) and a less attractive valuation profile (P/E ~30 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 with shares listed on Nasdaq and the Australian Securities Exchange, where it trades under the code NWS. The company issues Class A and Class B common stock and uses capital management tools such as stock repurchase programs to manage its share base and seek to enhance shareholder value.

Average Trading Volume: 3,822,445

Technical Sentiment Signal: Sell

Current Market Cap: $13.51B

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

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