BuybackNov 12, 2026, 07:46 AM
News Corp Daily Buyback Update: $577.7M Repurchased
AI Summary
News Corp has filed its daily buy-back notifications for its Class A and Class B common stock under the 2025 Repurchase Program. The company has repurchased a significant number of shares for both classes, with total consideration paid to date amounting to approximately $577.7 million against an authorized $1 billion. The program, managed by Goldman Sachs & Co. LLC, aims to enhance shareholder value.
Key Highlights
- News Corp disclosed daily buy-back notifications for Class A and Class B common stock.
- Total Class A shares bought back before previous day: 14,277,475; on previous day: 28,539.
- Total Class A consideration paid before previous day: $379,430,143.05; on previous day: $763,335.49.
- Total Class B shares bought back before previous day: 6,586,122; on previous day: 12,422.
- Total Class B consideration paid before previous day: $197,163,956.13; on previous day: $371,640.15.
- Total buyback consideration to date is approximately $577,729,075 out of a $1 billion authorization.
- The buyback program aims to enhance shareholder value.
- Goldman Sachs & Co. LLC is the broker for the buy-back program.
Price Impact
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