BuybackJul 21, 2026, 06:07 AM
News Corp Repurchases $2.65M Shares on July 20
AI Summary
News Corporation announced the continuation of its $1 billion stock repurchase program. On July 20, 2026, the company repurchased a total of 89,451 shares of its Class A and Class B common stock for approximately $2.65 million. To date, News Corp has purchased approximately $375 million worth of shares under the 2025 Repurchase Program, with approximately $625 million remaining under the authorization. The program's objective is to enhance shareholder value.
Key Highlights
- Repurchased 89,451 shares (Class A and B) on July 20, 2026.
- Total consideration for July 20 buyback was $2.65 million.
- Class A shares: 62,323 for $1.78 million on July 20.
- Class B shares: 27,128 for $0.88 million on July 20.
- Total $375 million purchased under $1 billion program to date.
- Approximately $625 million remains under the repurchase program.
- Buyback aims to enhance shareholder value.
- Goldman Sachs & Co. LLC is the broker for the buyback.
Price Impact
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