tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

News Corp updates market on expanded share repurchase plans

Story Highlights
  • News Corp is authorized to repurchase up to US$2 billion of Nasdaq-listed Class A and B shares.
  • The updated January 19, 2026 ASX filing confirms cash-funded buy-backs aimed at enhancing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp updates market on expanded share repurchase plans

Claim 50% Off TipRanks Premium

An announcement from News Corp ( (NWSA) ) is now available.

News Corporation has updated the market on its ongoing share repurchase initiatives, noting that it is authorized under two repurchase programs to buy back up to an aggregate of US$1 billion of Class A and Class B common stock under a 2021 program and a further US$1 billion under a 2025 program. In a filing dated January 19, 2026, referencing an initial notification from September 22, 2021 and a prior update on January 16, 2026, the company disclosed to the ASX that the buy-back, which covers Nasdaq-listed stock but excludes ASX-listed CDIs, may be conducted in the open market or otherwise, will be executed for cash in US dollars, is intended to enhance shareholder value, and does not require shareholder approval or impose foreign participation restrictions, signaling a continued commitment to capital returns as part of its financial strategy.

The most recent analyst rating on (NWSA) stock is a Buy with a $29.00 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 reflects strong earnings call performance and solid financial fundamentals. However, technical indicators suggest a bearish trend, and the stock’s valuation appears high. The company’s strategic initiatives, including share buybacks, signal confidence in future growth, but challenges in specific segments and macroeconomic uncertainties remain.

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

More about News Corp

News Corporation is a global media and publishing company whose securities are listed on Nasdaq and the Australian Securities Exchange, with Class A and Class B common stock forming its primary listed equity. The company trades on ASX under issuer code NWS and uses capital management initiatives, including share repurchase programs, as part of its strategy to enhance shareholder value.

Average Trading Volume: 3,624,324

Technical Sentiment Signal: Hold

Current Market Cap: $15.5B

See more insights into NWSA stock on 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