BuybackJul 2, 2026, 06:07 AM
News Corp Repurchases $3.09M Shares on July 1; $342.46M Total
AI Summary
News Corporation provided daily updates on its ongoing stock repurchase program. On July 1, 2026, the company repurchased 76,679 Class A common shares for $1,985,725.39 and 37,837 Class B common shares for $1,104,420.41. These daily transactions contribute to the aggregate $1 billion program authorized in July 2025. To date, News Corp has repurchased approximately $342.46 million worth of Class A and Class B shares under this program, which is intended to enhance shareholder value.
Key Highlights
- News Corp repurchased 76,679 Class A common shares for $1,985,725.39 on July 1, 2026.
- News Corp repurchased 37,837 Class B common shares for $1,104,420.41 on July 1, 2026.
- Total repurchases on July 1, 2026, amounted to 114,516 shares for $3,090,145.80.
- The company has repurchased approximately $342.46 million of shares under the $1 billion program to date.
- The stock repurchase program, authorized in July 2025, aims to enhance shareholder value.
- Goldman Sachs & Co. LLC is the broker facilitating the buyback program.
Price Impact
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