BuybackAug 7, 2026, 06:09 AM
News Corp Continues $1B Buyback; Repurchases $2.6M on Aug 6
AI Summary
News Corp provided a daily update on its ongoing stock repurchase program, which authorizes the company to acquire up to $1 billion of its Class A and Class B common stock. On August 6, 2026, the company repurchased 58,482 Class A shares for approximately $1.74 million and 25,457 Class B shares for approximately $0.87 million. To date, News Corp has acquired approximately $410 million worth of shares under the 2025 Repurchase Program, which is intended to enhance shareholder value.
Key Highlights
- News Corp has an authorized stock repurchase program of up to $1 billion.
- On August 6, 2026, 58,482 Class A shares were repurchased for $1,736,049.87.
- On August 6, 2026, 25,457 Class B shares were repurchased for $866,036.96.
- Total Class A shares bought back to date: 10,413,571 for $265,485,225.43.
- Total Class B shares bought back to date: 4,901,439 for $141,891,462.87.
- Approximately $409,978,775 worth of shares purchased under the program to date.
- The buyback program aims to enhance shareholder value.
Price Impact
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