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News Corp updates $1B share repurchase authorization details

Story Highlights
  • News Corp reaffirmed a $1 billion share repurchase program targeting its Nasdaq-listed Class A and B stock.
  • The 2025 buy-back, updated in a Feb. 16 ASX filing, aims to enhance shareholder value without requiring investor approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp updates $1B share repurchase authorization details

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

News Corp has updated the Australian Securities Exchange on its existing stock repurchase program, under which it is authorized to buy back up to $1 billion of its Nasdaq-listed Class A and Class B common shares. The latest ASX Appendix 3C filing, dated Feb. 16, 2026, specifies that the buy-back applies to the NWSAA Class A line, with 368.6 million securities on issue, and confirms that no ASX-listed CDIs will be repurchased under the program.

The company reiterated that the 2025 Repurchase Program, first authorized on July 15, 2025, is intended to enhance shareholder value and may be executed in the open market or otherwise, with Goldman Sachs & Co. LLC engaged as broker and consideration to be paid in U.S. dollars. News Corp noted that the program does not require shareholder approval or impose foreign participation limits, underscoring the flexibility of its capital management strategy while highlighting that actual repurchase activity will depend on share price, market conditions and other factors.

The most recent analyst rating on (NWSA) stock is a Buy with a $24.50 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 and improving fundamentals (stronger margins and manageable leverage) and a constructive earnings-call outlook (expected strong free cash flow growth and accelerated buybacks). These positives are tempered by weak technicals (downtrend with bearish momentum) and a relatively expensive valuation (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 publishing, digital real estate, book publishing and subscription video services. Its primary securities trade on Nasdaq and the ASX, including Class A and Class B common stock, with Australian investors holding interests via CHESS Depositary Interests rather than underlying shares.

The company actively manages its capital structure through share repurchase programs targeting its Nasdaq-listed stock rather than ASX-listed CDIs, reflecting a focus on U.S. market liquidity. These programs are positioned as tools to enhance shareholder value and can be scaled in response to market conditions and regulatory frameworks in both the U.S. and Australia.

Average Trading Volume: 3,871,098

Technical Sentiment Signal: Sell

Current Market Cap: $13.23B

For detailed information about NWSA stock, go to TipRanks’ Stock Analysis page.

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