BuybackJul 24, 2026, 06:07 AM
News Corp Continues $1B Buyback Program; Repurchases $2.79M on July 23
AI Summary
News Corp provided daily updates on its ongoing stock repurchase program, which is authorized for up to $1 billion of Class A and Class B common stock. On July 23, 2026, the company repurchased 70,004 Class A shares for $1,867,328.70 and 30,471 Class B shares for $917,533.61. To date, News Corp has purchased approximately $383,236,019 worth of shares under the 2025 Repurchase Program, which aims to enhance shareholder value.
Key Highlights
- Ongoing $1 billion stock repurchase program for Class A and B shares.
- Repurchased 70,004 Class A shares on July 23, 2026, for $1.87 million.
- Repurchased 30,471 Class B shares on July 23, 2026, for $0.92 million.
- Total $2.79 million spent on buybacks on July 23, 2026.
- Cumulative buybacks total approximately $383.24 million under the program.
- Highest Class A price paid on July 23 was $27.10.
- Highest Class B price paid on July 23 was $30.43.
- Program's stated reason is to enhance shareholder value.
Price Impact
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