StockWatch
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Newspapers/Magazines
BuybackJul 31, 2026, 06:07 AM

News Corp Continues $1B Share Buyback Program

AI Summary

News Corp announced daily buyback notifications for its Class A and Class B common stock on July 31, 2026, detailing repurchases made on July 30, 2026. The company bought back 62,323 Class A shares for $1,742,339.18 and 27,128 Class B shares for $855,839.57 on the previous day. These transactions are part of the ongoing 2025 Repurchase Program, authorizing up to $1 billion in aggregate share repurchases to enhance shareholder value. To date, News Corp has repurchased approximately $396.6 million worth of shares under this program.

Key Highlights

  • Repurchased 62,323 Class A shares for $1,742,339.18 on July 30, 2026.
  • Repurchased 27,128 Class B shares for $855,839.57 on July 30, 2026.
  • Total Class A shares bought back to date: 10,156,835 for $258,292,033.83.
  • Total Class B shares bought back to date: 4,789,711 for $138,327,856.72.
  • Approximately $396.6 million worth of shares bought back under the $1 billion program.
  • The buyback program aims to enhance shareholder value.