BuybackJul 15, 2026, 06:07 AM
News Corp Continues $1B Share Buyback Program
AI Summary
News Corporation announced the continuation of its stock repurchase program, authorized for up to US$1 billion of its Class A and Class B common stock. As of July 14, 2026, the company has repurchased approximately US$364.27 million worth of shares under this program. On the previous day, July 14, 2026, News Corp bought back 66,163 Class A shares for US$1.82 million and 28,800 Class B shares for US$0.90 million, aiming to enhance shareholder value.
Key Highlights
- News Corp's share repurchase program is authorized for up to US$1 billion.
- As of July 14, 2026, approximately US$364.27 million worth of shares have been repurchased.
- On July 14, 2026, 66,163 Class A common shares were bought back for US$1.82 million.
- On July 14, 2026, 28,800 Class B common shares were bought back for US$0.90 million.
- The buyback program is intended to enhance shareholder value.
Price Impact
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