News Corp Announces US$1 Billion Share Repurchase Authorization
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News Corp ( (NWSA) ) has shared an update.
News Corp has notified the Australian Securities Exchange that, under an existing authorization, it may repurchase up to US$1 billion of its Nasdaq-listed Class A and Class B common stock as part of a 2025 repurchase program, with no ASX-listed CDIs to be bought back. The buy-back, which is structured as an “other” buy-back type and was detailed in a filing dated 16 June 2026 referencing an anticipated start date of 22 September 2021, is aimed at enhancing shareholder value and signals ongoing capital management efforts without requiring separate shareholder approval or imposing foreign participation limits.
The program covers a class with 362,171,045 securities on issue and allows purchases in the open market or otherwise, with Goldman Sachs & Co. LLC engaged as broker and consideration to be paid in U.S. dollars. By retaining flexibility on timing and price while capping total outlay at US$1 billion, News Corp is tightening control over its capital structure and potentially supporting earnings per share, although actual execution will depend on market conditions, stock prices and other investment alternatives.
The most recent analyst rating on (NWSA) stock is a Buy
with a $36.00 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 driven primarily by mixed financial quality (improving leverage but softer TTM profitability and cash conversion) and a strong earnings-call outlook highlighting margin expansion and free-cash-flow strength. These positives are tempered by weak near-term technicals and a demanding 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 a primary focus on news, publishing and digital real estate assets. Listed on Nasdaq and the Australian Securities Exchange under code NWS, it issues Class A and Class B common stock, with certain securities also represented as CHESS Depositary Interests on the ASX.
Average Trading Volume: 4,631,102
Technical Sentiment Signal: Buy
Current Market Cap: $14.71B
See more data about NWSA stock on TipRanks’ Stock Analysis page.
