News Corp, US65249B2088

News Corp stock gains support from new USD 1 billion buyback

Published on 09/10/2026 at 22:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

News Corp stock is underpinned by a newly announced USD 1 billion share buyback program as of September 10, 2026, alongside recent earnings filings. The shares last closed at USD 29.61 on September 9, 2026, modestly below recent highs and analyst targets.

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News Corp stock (ISIN US65249B2088) is drawing fresh attention after the company announced a new USD 1 billion share buyback program as of September 10, 2026, while the shares most recently closed at USD 29.61 on the New York Stock Exchange on September 9, 2026, down 0.7 percent from the prior session.

Buyback program becomes the central driver

According to TipRanks on September 10, 2026, News Corp has authorized a share repurchase program of up to USD 1 billion, giving the company ample capacity to retire stock over time.

As TipRanks also reports, the most recent analyst rating on News Corp stock is a Buy with a price target of USD 38.00, implying roughly a 28 percent upside from the latest close of USD 29.61 as of September 9, 2026.

Earnings filings highlight recent performance

News Corp continues to update investors on its financial progress through regular filings. According to News Corp in its SEC filings overview dated September 10, 2026, the company has recently filed quarterly earnings and unscheduled material events, underscoring an active reporting calendar for the current fiscal year.

In its latest reported quarter for fiscal year 2026, News Corp disclosed revenue and earnings figures that investors are using as a benchmark for the new buyback, although the detailed dollar amounts and margins are contained in the company’s formal filings and presentations for the quarter ending within the last nine months.

The combination of ongoing earnings disclosures and the substantial buyback authorization suggests that News Corp’s board sees value in the current share price relative to its fundamental performance and outlook for the fiscal year 2026.

Stock price level and investor perspective

News Corp stock most recently closed at USD 29.61 on the New York Stock Exchange on September 9, 2026, a decline of 0.7 percent compared with the previous session’s close, based on data reflected in Nasdaq quotes reported via Yahoo Finance on that date.