|Bid||17.40 x 4000|
|Ask||24.52 x 2900|
|Day's Range||19.58 - 20.04|
|52 Week Range||14.87 - 21.69|
|Beta (5Y Monthly)||1.33|
|PE Ratio (TTM)||75.69|
|Earnings Date||Nov 06, 2023 - Nov 10, 2023|
|Forward Dividend & Yield||0.20 (1.00%)|
|Ex-Dividend Date||Sep 12, 2023|
|1y Target Est||26.42|
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For Lachlan Murdoch, this moment has been a long time coming. On Thursday, his father Rupert Murdoch announced that in November he'll step down as the head of his two media companies: News Corp. and Fox Corp. Lachlan will become the chair of News Corp. while remaining chief executive and chair at Fox Corp., the parent of Fox News Channel. The changes make Rupert's eldest son the undisputed leader of the media empire his father built over decades.
As Rupert Murdoch plans to step down as chair of Fox and News Corp, his son Lachlan brings a different leadership style.
Fox Corp's former chairman Rupert Murdoch's total compensation for 2023 climbed more than 24% to $22.9 million, a regulatory filing showed on Friday. The media mogul stepped down from his role on Thursday after a career spanning more than seven decades and handed the reins to his son, Lachlan Murdoch, who will become the sole chairman of News Corp and continue as chair and CEO of Fox. Rupert Murdoch will be chairman emeritus of both companies.