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News Corp launches daily Nasdaq Class A share buyback

Story Highlights
  • News Corp is pursuing a $1 billion share repurchase, targeting its Nasdaq-listed Class A and B stock to enhance shareholder value.
  • The buy-back, disclosed to the ASX on May 15, 2026, uses Goldman Sachs as broker, excludes ASX CDIs, and does not need further shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp launches daily Nasdaq Class A share buyback

Meet Samuel – Your Personal Investing Prophet

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

News Corporation has notified the Australian Securities Exchange that it is conducting a daily buy-back under its previously authorised stock repurchase program, which allows the company to acquire up to $1 billion of its Class A and Class B common stock. As of May 15, 2026, the ASX filing details that the current notification covers Nasdaq-listed Class A shares, with no ASX-listed CDIs to be repurchased under this program.

The 2025 Repurchase Program, authorised on July 15, 2025, permits News Corporation to buy back shares in the open market or otherwise, with Goldman Sachs & Co. LLC engaged as broker and the total shares on issue in the relevant class reported at 363,765,514. The buy-back, which was initially anticipated to occur from September 22, 2021, is being executed for cash in U.S. dollars and is explicitly framed as a move to enhance shareholder value, without requiring additional shareholder approval or imposing foreign participation restrictions.

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 driven primarily by solid balance-sheet strength and a constructive technical uptrend, reinforced by an upbeat earnings call emphasizing strong free cash flow and momentum in Dow Jones and Digital Real Estate. The main constraints are mixed recent earnings quality/cash conversion and a 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, with operations spanning news and information publishing, digital real estate services, book publishing, and subscription video services. Its shares trade on Nasdaq and the ASX, with separate classes of common stock, including Class A and Class B, reflecting differentiated voting rights for investors in the group.

Average Trading Volume: 4,449,163

Technical Sentiment Signal: Buy

Current Market Cap: $15.29B

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

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