News Corp Continues $1 Billion Stock Repurchase

NEW YORK – News Corporation (NASDAQ:NWSA), a global diversified media and information services company with a market capitalization of $15.66 billion, has reaffirmed its commitment to its stock repurchase program, according to an 8-K filing with the Securities and Exchange Commission (SEC) dated March 28, 2025. Under this program, News Corp is authorized to buy back up to $1 billion of its outstanding Class A and Class B common stock. The company’s shares, currently trading at $26.59, have received a strong buy consensus from analysts, with price targets ranging from $26.50 to $44.00.InvestingPro analysis reveals multiple additional metrics and insights about News Corp’s financial position, with comprehensive data available in the Pro Research Report, part of the platform’s coverage of 1,400+ US stocks.

The repurchase initiative is part of the company’s capital allocation strategy and reflects its confidence in the long-term value of its stock. With a healthy current ratio of 1.73 and substantial free cash flow of $663 million in the last twelve months, News Corp appears well-positioned to execute this buyback program. The company also disclosed that it is required to provide daily transaction disclosures to the Australian Securities Exchange (ASX) regarding any repurchases made under this program. These disclosures are also included in the company’s quarterly and annual reports to provide transparency to its shareholders.

The information released contains forward-looking statements about the company’s intention to repurchase shares from time to time. However, News Corp emphasizes that these plans are subject to change based on various factors, including market conditions, stock price fluctuations, applicable laws, and other investment opportunities.

News Corp’s filings with the SEC highlight the inherent risks and uncertainties that could cause actual results to differ from those anticipated in these forward-looking statements. The company has stated that it does not assume any obligation to update these statements if circumstances or management’s estimates or opinions should change, except as required by law.

The stock repurchase program is a common practice among public companies, allowing them to return value to shareholders by reducing the number of shares outstanding, potentially increasing the value of remaining shares.

This announcement is based on a press release statement and does not include any commentary or speculation on the broader implications for the industry or News Corp’s future performance. The company’s commitment to repurchasing its stock demonstrates its ongoing efforts to manage capital effectively and deliver value to its shareholders.

Investors and stakeholders can expect News Corp to continue adhering to regulatory requirements for reporting its repurchase activities, ensuring transparency and compliance with market regulations. Based on InvestingPro’s Fair Value analysis, the stock currently appears fairly valued. For deeper insights into News Corp’s valuation metrics, financial health scores, and expert analysis, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, News Corp has disclosed ongoing activities under its $1 billion stock repurchase program. This initiative, which allows the company to buy back its Class A and Class B common stock, was detailed in a recent SEC Form 8-K filing. The repurchase program is part of News Corp’s strategy to manage capital allocation effectively and aims to return value to shareholders. News Corp is required to report daily transactions related to the buyback to the Australian Securities Exchange (ASX), and these updates are also included in the company’s quarterly and annual reports. The SEC filing includes forward-looking statements about the company’s intentions to continue the buyback, although outcomes may vary due to market conditions and other factors. The company has made it clear that these forward-looking statements are based on current expectations and may change. News Corp’s filings with the SEC outline potential risks and uncertainties that could impact the actual results of the repurchase program. Investors and market watchers are closely monitoring the program’s implementation for its potential effects on the company’s financial structure.

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