News Corp Announces US$1 Billion Share Buyback Program
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An announcement from News Corp ( (NWSA) ) is now available.
News Corporation has disclosed to the Australian Securities Exchange that, under an existing authorization, it may repurchase up to an aggregate of US$1 billion of its Nasdaq‑listed Class A and Class B common stock through a repurchase program approved as of July 15, 2025. The program, notified in a daily buy‑back filing dated May 21, 2026, allows purchases in the open market or otherwise, excludes ASX‑listed CDIs, and is intended to enhance shareholder value without requiring additional shareholder approval.
Under the Appendix 3C filing, News Corp classified the initiative as an “other buy‑back,” covering a class with 363,415,494 securities on issue and to be executed for cash consideration in U.S. dollars, potentially using Goldman Sachs & Co. LLC as broker. The buy‑back, which has no foreign participation restrictions or additional conditions, forms part of a broader repurchase framework that previously anticipated buy‑back activity from September 22, 2021, and underscores the company’s continued focus on capital management and returns to investors.
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 supported by a constructive earnings outlook and strong segment momentum (especially Dow Jones and Digital Real Estate) plus improving leverage, but is held back by a high P/E/low yield and mixed recent profitability and cash-conversion trends. Technical signals are broadly neutral and do not materially change the view.
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 primary businesses span news, information services and digital real estate. Its securities include Nasdaq‑listed Class A and Class B common stock, and it maintains a secondary listing on the Australian Securities Exchange under the code NWS, giving it a broad international shareholder base.
Average Trading Volume: 4,399,424
Technical Sentiment Signal: Buy
Current Market Cap: $14.83B
See more insights into NWSA stock on TipRanks’ Stock Analysis page.
