News Q2 Earnings Call Highlights
News News (US:NWS) Yahoo Finance·2026-02-06 11:38

On capital allocation, Chandrashekar said the company repurchased 172millioninsharesduringthequarter,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 ...

News Q2 Earnings Call Highlights - Reportify