BuybackJul 23, 2026, 06:07 AM
News Corp Repurchases $2.7M Shares on July 22; $380M Spent to Date
AI Summary
News Corp provided a daily update on its share repurchase program, indicating that it bought back a total of 94,963 shares of Class A and Class B common stock on July 22, 2026, for a combined consideration of approximately $2.71 million. The company has now repurchased approximately $380.45 million worth of shares under its authorized $1 billion program, which aims to enhance shareholder value.
Key Highlights
- News Corp's share repurchase program is authorized for up to $1 billion.
- Company has repurchased approximately $380.45 million of shares to date under the 2025 Repurchase Program.
- On July 22, 2026, 66,163 Class A common shares were bought back for $1,816,458.85.
- On July 22, 2026, 28,800 Class B common shares were bought back for $894,631.68.
- The buyback program aims to enhance shareholder value.
- Goldman Sachs & Co. LLC is the broker facilitating the buyback.
Price Impact
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