News Corp Details Execution of US$1 Billion Share Repurchase Program

2026-03-10 02:55:21

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News Corp has provided an update on its US$1 billion share repurchase program, authorized for its Nasdaq-listed Class A and Class B common stock. The buy-back will be conducted off-market and is designed to enhance capital management and shareholder returns without affecting ASX-listed CDIs. The program does not specify a minimum number of shares, allowing flexibility based on market conditions, and analysts currently rate NWS stock as a Hold with a A$42.00 price target.

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