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News Corp Updates Progress on Ongoing Share Buyback

Tipranks - Tue May 19, 6:04AM CDT

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

News Corporation has updated the Australian Securities Exchange on its ongoing share repurchase activity under a buy-back program authorized on July 15, 2025, allowing the company to repurchase up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. In an Appendix 3C filing dated May 18, 2026, the company detailed that the program, which does not cover ASX-listed CDIs and uses Goldman Sachs & Co. LLC as broker, targets enhancing shareholder value by reducing its 363.4 million outstanding Class A shares over time without requiring shareholder approval.

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.

Overall score reflects solid but uneven fundamentals: a stronger balance sheet and ongoing positive cash generation are offset by cooler TTM profitability and weaker cash conversion. The latest earnings call was a meaningful positive (strong segment momentum, FCF outlook, and buybacks), while valuation remains a key constraint (high P/E and low yield). Technicals are broadly neutral.

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, book publishing and cable network programming. Its equity is listed on Nasdaq and the Australian Securities Exchange, with dual-class shares comprising Class A and Class B common stock targeting international investors and media-focused shareholders.

Average Trading Volume: 4,453,385

Technical Sentiment Signal: Buy

Current Market Cap: $14.89B

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

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