News Corp (NWS) Responds to Non-Binding Stockholder Proposal
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/19/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Tech selloff weighs down Wall Street as bond yields climb
- Francisco Partners to acquire Weave Communications for $650M
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Goldman Sachs to acquire real estate company LCN for up to $410M
- Klarna Group plc (KLAR) Tops Q2 EPS by 6c, Beats on Revenue; Offers FY26 Revenue Guidance
News Corp Responds to Non-Binding Stockholder Proposal
September 9, 2024 3:15 PM EDTNEW YORK--(BUSINESS WIRE)-- News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) (the Company) confirmed today that a stockholder has submitted a non-binding proposal for presentation at News Corps 2024 Annual Meeting of Stockholders (the 2024 Annual Meeting) to request that the Board of Directors adopt a recapitalization plan that would eliminate News Corps dual-class capital structure.
The Board believes that the Companys dual-class capital structure promotes stability and has facilitated the successful implementation of News Corps transformational strategy and long-term outperformance for all News Corp stockholders.
The Company has thrived under the current structure and guidance of the... More
