On capital allocation, Chandrashekar said the company repurchased $172 million in shares during the quarter, $132 million more than the year-ago period. She said management believes the stock remains materially undervalued relative to net asset value, and noted share repurchases in fiscal 2026 are expected to benefit from approximately $380 million repayment of Foxtel shareholder loans. Later in the Q&A, she said that at the current stock price, the company expects the purchase rate to be higher in the seco ...

Core Insights - News Corporation (NWSA) is a diversified media and information services company with a market capitalization of approximately $14.6 billion, allowing for a balanced portfolio across various sectors [2] Financial Performance - NWSA stock has underperformed, trading 18.1% below its September high of $31.61 and falling 12.9% over the past three months, while the Dow Jones Industrial Average gained 5.2% during the same period [3] - Over the past 52 weeks, NWSA stock decreased by 9.6% and is down nearly 6% year-to-date, contrasting with the Dow's advances of 10.1% and 13.1% respectively [4] - The stock has been trading below its 50-day moving average of $26.05 and its 200-day moving average of $27.81 since October, indicating a transitional trend in the market [5] Recent Developments - On November 7, NWSA shares rose by 6.5% following the release of Q3 fiscal 2025 results, which exceeded expectations with revenue of $2.14 billion, a 2.3% year-over-year increase, and EPS of $0.20, surpassing analyst estimates of $0.18 [6] - The revenue growth was primarily driven by the performance of Dow Jones and Digital Real Estate Services, attributed to increased demand for digital subscriptions and data analytics, as well as early signs of recovery in the U.S. real estate market [7] Future Outlook - Management believes that sustained strength in digital businesses and stabilization in real estate markets will be crucial for future growth, with expectations of benefiting from new AI-related partnerships and continued investment in high-margin content licensing [8]

Group 1 - Robert Thomson has been reappointed as CEO of News Corp for another five years, extending his tenure through June 2030 [1] - News Corp's portfolio includes notable subsidiaries such as the Wall Street Journal, Dow Jones, and HarperCollins [1] - The company has experienced its four most profitable years under Thomson's leadership [4] Group 2 - The Murdoch family previously explored a merger between News Corp and Fox Corp, but the effort was abandoned in 2023 due to resistance from influential shareholders [2] - Thomson has made strategic investments in growth areas like Dow Jones, Digital Real Estate Services, and Book Publishing [3] - The company has recently sold Foxtel to DAZN and established partnerships with tech platforms, including OpenAI [4]

Core Points - News Corp has extended CEO Robert Thomson's contract through 2030, highlighting his significant contributions to the company's growth and profitability [1][2] - Thomson has led News Corp during its four most profitable years from fiscal 2021 to 2024, with strong performance expected to continue in fiscal 2025 [1] - The company has engaged in major transactions, including the sale of its Australian cable-TV unit Foxtel for $2.19 billion in 2024 [2] - News Corp has established landmark agreements with major technology platforms, including a recent deal with OpenAI for licensing intellectual property [5] Company Performance - Under Thomson's leadership, News Corp has achieved its four most profitable years from fiscal 2021 to 2024 [1] - The company anticipates continued strong performance in fiscal 2025 despite challenges in the media landscape [1] Leadership and Vision - Lachlan Murdoch, News Corp Chair, emphasized Thomson's instrumental role in the company's growth and transformation during a period of rapid change [2] - Thomson expressed gratitude for the opportunity to lead a company that is passionate and principled, acknowledging the challenges and opportunities in the current media environment [5][6]