BuybackJul 10, 2026, 06:07 AM
News Corp Repurchases $2.68M Shares on July 9 Under $1B Buyback Program
AI Summary
News Corp announced daily buyback activity for its Class A and Class B common stock on July 9, 2026, as part of its ongoing $1 billion repurchase program. On that day, the company repurchased a total of 94,963 shares for approximately $2.68 million. To date, News Corp has acquired approximately $356.10 million worth of shares under the 2025 Repurchase Program, which is intended to enhance shareholder value.
Key Highlights
- News Corp repurchased 66,163 Class A common shares for $1,799,686.53 on July 9, 2026.
- News Corp repurchased 28,800 Class B common shares for $882,138.24 on July 9, 2026.
- Total shares repurchased on July 9, 2026, amounted to 94,963 for approximately $2.68 million.
- The company's stock repurchase program is authorized for up to $1 billion.
- Approximately $356.10 million has been spent on buybacks under the 2025 Repurchase Program to date.
- The buyback program aims to enhance shareholder value.
- Goldman Sachs & Co. LLC is the broker facilitating the buyback.
Price Impact
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