News Corp Launches Nasdaq-Focused Share Buyback Program
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News Corp ( (NWSA) ) just unveiled an update.
News Corp has disclosed to the Australian Securities Exchange that it is executing a stock buy‑back under its existing repurchase program, which authorizes the company to acquire up to US$1 billion of its outstanding Class A and Class B common shares. The ASX filing, dated 14 May 2026, confirms that the program targets Nasdaq‑listed stock only, excludes ASX‑listed CDIs, and is being carried out for cash in U.S. dollars.
The company reported that 363,765,514 Class A shares are on issue in the relevant class and that Goldman Sachs & Co. LLC will act as broker for the transactions. Management describes the buy‑back, which is part of a broader repurchase initiative authorized on 15 July 2025 and linked to an anticipated start date of 22 September 2021, as intended to enhance shareholder value without requiring separate shareholder approval or imposing foreign participation limits.
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 Outperform.
The score is led by a strong earnings-call backdrop (momentum, free-cash-flow confidence, and buybacks) and supportive technical strength. This is tempered by only mid-range financial statement quality (cooling margins and weaker cash conversion) and a valuation profile with a modest dividend yield and a non-cheap P/E.
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, book publishing, digital real estate services and subscription video. The company’s primary securities include Nasdaq‑listed Class A and Class B common stock, with additional listings in Australia via CHESS Depositary Interests, giving it a broad international shareholder base.
Average Trading Volume: 4,452,570
Technical Sentiment Signal: Strong Buy
Current Market Cap: $15.46B
Learn more about NWSA stock on TipRanks’ Stock Analysis page.
