News Corp A (Class A common shares) climbed to $31.64, marking a 52‑week high on the trading day. The move follows a 5.56% gain over the past year, a 28% rise in the last six months and a 19% increase year‑to‑date.
The company has an authorized share‑repurchase program of up to $1 billion covering both its Class A and Class B shares, with daily transaction disclosures made to the Australian Securities Exchange.
S&P Global Ratings upgraded News Corp’s credit rating from BBB‑ to BBB, keeping a stable outlook and citing low leverage and strong operating momentum.
Morgan Stanley raised its price target for the stock to $35 from $34 and maintained an Overweight rating after fiscal 2026 results beat expectations, helped in part by favorable currency movements.
