News Q2 Earnings Call Highlights
On capital allocation, Chandrashekar said the company repurchased 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 ...