NWS News: News Corp Responds to Non-Binding Stockholder Proposal - 10th Sep 2024, 5:15am

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NEW YORK, September 09, 2024--(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 Corp’s 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting") to request that the Board of Directors adopt a recapitalization plan that would eliminate News Corp’s dual-class capital structure.

The Board believes that the Company’s dual-class capital structure promote...

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