BuybackJun 11, 2026, 06:46 AM
News Corp Continues $1B Buyback; Repurchases $2.7M on June 10
AI Summary
News Corporation provided daily updates on its ongoing $1 billion share repurchase program, authorized since July 15, 2025, aimed at enhancing shareholder value. On June 10, 2026, the company repurchased a combined 94,963 shares of its Class A and Class B common stock for approximately $2.71 million. To date, News Corp has utilized approximately $298.8 million of the authorized program.
Key Highlights
- News Corp's $1 billion share repurchase program is active.
- On June 10, 2026, 66,163 Class A shares were repurchased for $1,806,679.96.
- On June 10, 2026, 28,800 Class B shares were repurchased for $899,573.76.
- Total repurchases on June 10, 2026, amounted to 94,963 shares for $2,706,253.72.
- Cumulative repurchases under the program total approximately $298.8 million.
- Approximately $701.2 million remains under the $1 billion authorization.
- The buyback program's objective is to enhance shareholder value.
Price Impact
More from NWSA