NasdaqGS:NWSAMedia
News Corp Buyback Reaffirmed As Earnings And Dividend Support Returns
News Corp, ticker NasdaqGS:NWSA, has reaffirmed its major $1b share buyback program.
The board highlighted the continuation of this repurchase plan as part of its capital return approach.
The announcement comes alongside solid revenue contributions from the Dow Jones and Digital Real Estate segments.
For shareholders, the reaffirmed $1b buyback sits against a mixed share price record. The stock trades at $23.19, with a 3 year return of 34.6% and a 1 year decline of 23.4%. Over 5 years,...