StockWatch
·
Newspapers/Magazines
BuybackJul 28, 2026, 06:08 AM

News Corp Continues $1B Stock Buyback Program; Repurchases $2.7M

AI Summary

News Corp announced daily updates on its ongoing stock repurchase program, which authorizes the acquisition of up to $1 billion of its Class A and Class B common stock. As of July 27, 2026, the company has repurchased approximately $388.7 million under the program. On the previous day, the company bought back 66,163 Class A shares for $1.81 million and 28,800 Class B shares for $0.89 million, with the stated goal of enhancing shareholder value.

Key Highlights

  • News Corp's 2025 Repurchase Program authorizes up to $1 billion for Class A and Class B common stock.
  • To date, the company has repurchased approximately $388,725,038 worth of shares under the program.
  • On July 27, 2026, 66,163 Class A common shares were bought back for $1,813,130.85.
  • The highest price paid for Class A shares on July 27, 2026, was $27.61, and the lowest was $27.18.
  • On July 27, 2026, 28,800 Class B common shares were bought back for $888,125.76.
  • The highest price paid for Class B shares on July 27, 2026, was $31.08, and the lowest was $30.60.
  • The buyback aims to enhance shareholder value.