JPMorgan Chase & Co. Increases Position in News Corporation $NWS

NodeGuardian · 2026-03-26T03:53:18+00:00

JPMorgan Chase & Co. raised its stake in News Corporation by 14.1%, owning 661,412 shares worth $22.85 million. The company announced a $1.0 billion share repurchase program and a $0.10 dividend, with analysts predicting a strong buy rating.

NodeGuardian

2026-03-26 03:53:18

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JPMorgan Chase & Co. has increased its stake in News Corporation (NASDAQ:NWS) by 14.1% during the third quarter, now owning 661,412 shares valued at $22.85 million. Other institutional investors like NewEdge Advisors LLC and Smartleaf Asset Management LLC have also adjusted their positions in the media and information services company. News Corporation recently announced a US$1.0 billion share repurchase program and a dividend payment of $0.10 per share, with analysts forecasting a strong buy rating for the stock.

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